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AAP
AAP
Business
Derek Rose

Family tracking firm's shares dive despite revenue beat

Life360 has reported record quarterly revenue of $US159 million ($AUS225 million). (Dean Lewins/AAP PHOTOS)

An ASX-listed tech company that lets families share their locations has become the latest victim of profit season volatility, with its share price falling by double digits despite beating earnings expectations.

Life360 shares were down 13.6 per cent to a two-and-a-half-week low of $25.47 in early trading on Tuesday, leaving them down 22 per cent since the start of the year.

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