fromInvestor's Business Daily
1 day agoLife360 Stock Sinks On Shift To Advertising With Acquisition
The San Mateo, Calif.-based company late Monday said it earned 11 cents a share under generally accepted accounting principles, or GAAP, in the third quarter. In the year-earlier period, it earned 9 cents a share. On an adjusted basis, Life360 earned 28 cents a share on sales of $124.5 million in the September quarter. Analysts polled by FactSet had expected adjusted earnings of 17 cents a share on sales of $119.8 million.
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