Lightspeed's AI-powered Optical Character Recognition (OCR) tool transforms this process into a simple scan- and-review workflow. Retailers can scan or upload a supplier packing slip or invoice, and Lightspeed's OCR technology paired with AI, automatically reads the document and extracts product details, including SKUs, quantities, pricing and variants, directly into a draft purchase order within the POS. Instead of manually entering each line item, retailers simply review and approve. Lightspeed Commerce L ...

PARIS — Retail technology and buying intelligence platform NuOrder by Lightspeed announced Wednesday it is accelerating its European expansion through a new partnership with Boozt, one of the largest e-commerce retailers in the Nordics. Boozt serves more than 3.5 million active customers and generates roughly 700 million euros in annual sales. More from WWD The partnership will streamline its buying operations and replace manual workflows and comes as retailers increasingly embrace AI and centralized pro ...

NuORDER by Lightspeed Announces Partnership with Boozt to Advance Data-Informed Buying to Drive Growth Mar 17, 2026 7:46 AM Eastern Daylight Time NuORDER by Lightspeed Announces Partnership with Boozt to Advance Data-Informed Buying to Drive Growth Share MONTREAL--(BUSINESS WIRE)--NuORDER by Lightspeed announces a new strategic relationship with Boozt, a leading Nordic digital retailer, to integrate more buying intelligence into its operations, and to support NuORDER's continued growth in European markets. ...

Lightspeed Commerce Inc. (NYSE:LSPD) is one of the best Canadian stocks to buy under $20. On February 5, Lightspeed Commerce reported FQ3 2026 revenue of $312.3 million, which marked an 11% increase year-over-year. Adjusted EBITDA rose 22% to $20.2 million, and the company achieved its second consecutive quarter of positive free cash flow at $15 million. Growth was largely driven by North American retail and European hospitality sectors, which saw a combined revenue increase of 21%, while the company added ...

Core Viewpoint - Morgan Stanley analyst Josh Baer has lowered the price target for Lightspeed (LSPD) to $13.50 from $15 while maintaining an Equal Weight rating on the shares, indicating a cautious outlook on the stock's performance [1]. Financial Performance - The Q3 results for Lightspeed showed evidence of yield on transition and investments towards growth engine markets, suggesting potential for future growth despite the lowered price target [1].

Core Insights - Lightspeed Commerce (LSPD) reported fiscal third-quarter earnings of 15 cents per share, exceeding the Zacks Consensus Estimate by 21.66%, with a year-over-year increase of 25% [1] - The company achieved revenues of $311.2 million, an 11% increase year over year, surpassing the Zacks Consensus Estimate by 0.37% [2] Revenue Breakdown - Transaction-based revenues, which constitute 67.1% of total revenues, reached $209.4 million, reflecting a 15% year-over-year growth driven by the adoption of Lightspeed's payment solutions [3][4] - Subscription revenues accounted for 29.8% of total revenues, totaling $93.0 million, marking a 6% year-over-year increase [3] - Hardware and other revenues declined by 5.05% year over year to $9.9 million, representing 3.1% of total revenues [3] Growth Drivers - Retail customers in North America and hospitality customers in Europe showed strong performance, contributing to a 21% year-over-year growth [4] - Software revenues increased by 13% year over year, while Gross Transaction Volume (GTV) grew by 16% year over year, with Gross Payment Volume (GPV) as a percentage of GTV rising to 46% from 42% in the prior year [4][5] Key Performance Metrics - Total Average Revenue Per User (ARPU) increased by 11% year over year to approximately $660, driven by higher payment adoption and innovative software modules [5] - Total GTV reached $25.3 billion, an 8% year-over-year increase, with GPV of $10.5 billion representing 42% of total GTV, up from 38% in the prior-year quarter [5] Customer Growth - Lightspeed ended the quarter with approximately 148,000 total customer locations, adding about 2,600 net customer locations sequentially, with growth engines totaling approximately 94,000 locations, a 9% year-over-year increase [6] Operating Performance - Gross profit increased by 15% year over year to $133.6 million, with gross profit margin improving by 200 basis points to 43% [7] - Adjusted EBITDA reached $20.2 million, up from $16.6 million in the prior-year quarter, indicating improved operational efficiency [8] Cash Flow and Balance Sheet - Lightspeed generated positive cash flow from operating activities of $28.9 million in the fiscal third quarter, a significant improvement from $2.7 million in the same quarter of the previous year [10] - Adjusted Free Cash Flow reached $14.9 million, compared to a negative $0.5 million in the prior year [10]

Core Viewpoint - Lightspeed Commerce Inc. is experiencing strong financial performance, with a positive outlook from BTIG suggesting significant potential upside for investors. Financial Performance - For the quarter ending December 2025, Lightspeed reported revenue of $312.35 million, reflecting an 11.5% year-over-year increase, surpassing Wall Street's expectations with a positive surprise of 0.37% [2][6] - The company's earnings per share (EPS) improved to $0.15 from $0.12 in the previous year, exceeding the consensus estimate of $0.12 and delivering a significant surprise of 21.66% [3][6] Stock Performance - Currently, Lightspeed's stock (LSPD) is trading at $9.65, down approximately 4.50% or $0.46, with a trading range today between $9.31 and $10.36 [4] - Over the past year, the stock has fluctuated between a high of $14.34 and a low of $7.34, indicating market volatility [4] Market Position - Lightspeed has a market capitalization of approximately $1.31 billion and a trading volume of 1,630,954 shares, maintaining its status as a significant player in the commerce technology sector [5]

分组1 - Lightspeed Commerce Inc. reported quarterly earnings of $0.15 per share, exceeding the Zacks Consensus Estimate of $0.12 per share, and showing an increase from $0.12 per share a year ago, resulting in an earnings surprise of +21.66% [1] - The company achieved revenues of $312.35 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.37% and increasing from $280.13 million year-over-year [2] - Over the last four quarters, Lightspeed has exceeded consensus EPS estimates two times and topped consensus revenue estimates four times [2] 分组2 - The stock has underperformed, losing about 16.4% since the beginning of the year, while the S&P 500 has gained 0.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $283.94 million, and for the current fiscal year, it is $0.45 on revenues of $1.22 billion [7] - The Internet - Software industry, to which Lightspeed belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Financial Data and Key Metrics Changes - Revenue for Q3 2026 was reported at just over $312 million, exceeding expectations, with a year-over-year growth of 21% in the North America Retail and European Hospitality segments [5][14] - Adjusted EBITDA reached $20.2 million, reflecting a 22% increase from $16.6 million in Q3 last year, and represented 15% of gross profit, moving closer to the long-term target of 20% [12][22] - Free cash flow was positive for the second consecutive quarter at $15 million, contributing to an increase in total cash balance by over $31 million since Q1 [12][23] Business Line Data and Key Metrics Changes - Customer locations in growth engines grew by 9% year-over-year, adding approximately 2,600 net new locations in Q3, with total customer locations reaching approximately 148,000 [7][14] - Software revenue grew by 6% year-over-year, with growth engines delivering a 13% increase, while software ARPU rose by 4% year-over-year [10][16] - Transaction-based revenue was $209.4 million, up 15% year-over-year, with GPV growing by 19% year-over-year [17][19] Market Data and Key Metrics Changes - GTV grew by 8% to $25.3 billion, with same-store sales increasing in both retail and hospitality across all main geographies [18] - Payments penetration increased to 46%, up from 42% last year, indicating a strong upward trend in payment adoption [14][16] - Gross profit grew by 15% year-over-year, outpacing revenue growth of 11%, with total gross margin improving to 43% from 41% last year [19][21] Company Strategy and Development Direction - The company is focused on two growth engines: North America Retail and European Hospitality, which together account for two-thirds of total revenue [5][14] - Key priorities include growing customer locations, expanding subscription ARPU, and improving Adjusted EBITDA and free cash flow [6][12] - The introduction of innovative products, such as Lightspeed AI and Marketplace, aims to enhance customer engagement and drive revenue growth [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the health of end markets, noting positive same-store sales growth across all regions, with no significant surprises in the macro environment [32][33] - The company anticipates continued upward trends in payments penetration and expects to generate positive free cash flow for the full fiscal year [15][19] - The outlook for Q4 includes expected revenue of approximately $280 million to $284 million, with a focus on maintaining profitability despite seasonal trends [28][81] Other Important Information - The company ended Q3 with approximately $479 million in cash, an increase of about $16 million from the previous quarter, and has $200 million remaining under its share repurchase authorization [24][25] - The appointment of Gabriel Benavides as Chief Revenue Officer is expected to accelerate go-to-market performance and expand software ARPU [29] Q&A Session Summary Question: Health of end markets and same-store sales growth - Management reported healthy same-store sales growth across all regions, with strong performance in highly penetrated verticals, although some deceleration was noted in seasonal categories [32][33] Question: Sustainability of software gross margins - Management expressed confidence in maintaining software gross margins above 80%, attributing improvements to operational efficiency and cost optimization [36][37] Question: Differentiated software capabilities and AI disruption - Management highlighted proprietary payments and wholesale data as key differentiators, with ongoing investments in AI to enhance workflows and customer insights [41][42] Question: Growth trajectory for software and pricing strategy - Management indicated that while pricing changes impacted growth, the focus remains on expanding the growth engines and enhancing product offerings [49][50] Question: Payment penetration in efficiency markets - Management noted that payments penetration in efficiency markets is currently in the low 30s, with expectations for continued growth as contracts renew [94][95]

Financial Data and Key Metrics Changes - Revenue for Q3 2026 was reported at just over $312 million, exceeding expectations, with a year-over-year growth of 21% [5][14] - Adjusted EBITDA reached $20.2 million, reflecting a 22% increase from $16.6 million in Q3 last year, and represented 15% of gross profit [12][22] - Positive free cash flow of $15 million was generated for the second consecutive quarter, contributing to an increase in total cash balance by over $31 million since Q1 [12][23] Business Line Data and Key Metrics Changes - Software revenue grew 6% year-over-year, with a notable 13% growth in the company's growth engines [10][16] - Customer locations in growth engines increased by 9% year-over-year, adding approximately 2,600 net new locations in the quarter [7][14] - Total gross profit grew 15% year-over-year, outpacing revenue growth, with total gross margin improving to 43% from 41% last year [19][21] Market Data and Key Metrics Changes - Total Gross Transaction Value (GTV) grew by 8% to $25.3 billion, with same-store sales up in both retail and hospitality across all main geographies [18] - Payments penetration increased to 46%, up from 42% last year, indicating a strong upward trend [14][16] - In efficiency markets, payments penetration remains below growth markets but is expected to climb over time [19][94] Company Strategy and Development Direction - The company is focused on two growth engines: retail in North America and hospitality in Europe, which together account for two-thirds of total revenue [5][14] - Strategic priorities include growing customer locations, expanding subscription Average Revenue Per User (ARPU), and improving adjusted EBITDA and free cash flow [6][12] - The introduction of innovative products, including Lightspeed AI and enhanced wholesale integration, aims to drive deeper engagement and higher module attachment [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the health of end markets, noting positive same-store sales growth across all regions [32] - The company anticipates continued strong performance in Q4, despite it being typically the lowest GTV quarter due to seasonal patterns [26][80] - Management is optimistic about the long-term growth trajectory, particularly with the ongoing investments in outbound sales and product innovation [29][83] Other Important Information - The company ended Q3 with approximately $479 million in cash, reflecting a healthy balance sheet and ongoing share repurchase program [24][25] - The appointment of Gabriel Benavides as Chief Revenue Officer is expected to accelerate go-to-market performance and customer acquisition [29] Q&A Session Summary Question: Health of end markets - Management noted strong same-store sales growth across all regions, with specific verticals performing well despite some seasonal deceleration [32] Question: Sustainability of software gross margins - Management expressed confidence in maintaining software gross margins above 80%, citing operational efficiencies and cost optimization efforts [36] Question: Differentiated software capabilities - Management highlighted the unique payments and wholesale data that support proprietary AI workflows, enhancing competitive differentiation [41][66] Question: Growth path for software - Management indicated that while pricing changes impacted growth, the focus remains on expanding the growth engines, which are now two-thirds of total revenue [49] Question: Payment penetration in efficiency markets - Management confirmed that payments penetration in efficiency markets is expected to grow, with ongoing efforts to transition customers to Lightspeed [94]