🔴 Life360 is trading 13% down in after-hours trading after EPS missed estimates

Life360 is trading 12.71% down at $56.40 after a mixed second-quarter earnings report.

• Revenue reached $159 million, beating the $156.7 million estimate.
• GAAP diluted EPS was $0.06 versus the expected $0.08, while earnings per share fell 25% year over year.
• Independent coverage linked the extended-hours decline to the earnings release; revenue rose 38% year over year as the broader market was only modestly weaker.