Lightspeed Commerce Inc. (LSPD) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.10, delivering a surprise of 66.67%.Over the last four quarters, the co ...

Financial Performance - Total revenue of $277.2 million grew 20% year-over-year, exceeding the outlook [1] - Net loss improved to ($29.7) million, and positive Adjusted EBITDA of $14.0 million exceeded the outlook of $12 million [1] - Monthly ARPU grew 24% year-over-year to ~$527 [1] - Gross profit increased by 19% year-over-year to $114.3 million [1] - The company raised its Fiscal 2025 Adjusted EBITDA outlook to a minimum of $50 million from $45 million [1][7] Operational Highlights - Lightspeed delivered several new product releases, including Retail Insights globally, Multi-Location Ordering, and Instant Payouts expansion to the UK [4] - ARPU increased to ~$527 from ~$425, representing a 24% increase driven by the unified POS and payments offering [4] - Gross profit increased 19% year-over-year to $114.3 million, with a gross margin of 41% [4] - GTV generated by Lightspeed's flagship platforms increased by 26% year-over-year to $23.6 billion [4] - GPV increased 49% to $8.8 billion in the quarter, driven by the unified POS and payments initiative [4] Strategic Initiatives - The company is focusing on expanding payments adoption and controlling costs, which has resulted in record Adjusted EBITDA and positive Adjusted Free Cash Flow [2] - Lightspeed is prioritizing efforts in retail in North America and hospitality in Europe, where it has a proven competitive position [2] - The company is increasing its outbound teams and implementing targeted price increases to improve subscription revenue growth rates [8] Customer and Market Growth - Customer Locations with GTV exceeding $500,000/year and $1 million/year increased by 1% and 2% year-over-year, respectively [4] - Notable customer wins include Barebones Workwear, Mavi Jeans, Wayne's Boot Shop, Columbia Sportswear, J.Lindeberg, Bugatti Group, Nathalie, 4PM Entertainment, and J'adore [4] - Lightspeed Capital showed strong growth with revenue increasing 121% year-over-year [4] Financial Outlook - For the third quarter, the company expects revenue of approximately $280 million to $285 million and Adjusted EBITDA of approximately $14 million [9] - For Fiscal 2025, the company expects revenue growth of at least 20% and Adjusted EBITDA of a minimum of $50 million [10]

Lightspeed POS (LSPD) is scheduled to release its second-quarter fiscal 2025 results on Nov. 7, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.LSPD surpassed the Zacks Consensus Estimate in the four trailing quarters, delivering an average earnings surprise of 188.3%.LSPD’s Q2 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $274 million, hinting at a 19% increase from the year-ago quarter’s actual. The top line is anticipated to have benefited from unif ...

Focused on improving business effectiveness and operational efficiency, the releases in the past few months have streamlined business management to help create faster workflows, predict sales opportunities and compare the health of their business against industry benchmarks."This past quarter we've delivered on some exciting and cutting-edge technology innovations," said Dax Dasilva, Founder and Chief Executive Officer of Lightspeed. "Whether you're a retailer looking to better capitalize on product sales o ...

MONTREAL, Oct. 10, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), today announced it will report second quarter 2025 financial results before the market open on Thursday, November 7, 2024. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and ...

With 62% of restaurateurs struggling with labor management and 74% aiming to streamline operations, Lightspeed and 7shifts strengthen their partnership to address industry challenges. MONTREAL, Oct. 10, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company") the unified commerce platform powering merchants to provide the best omnichannel experiences, today announced a significant enhancement to its existing integration with 7shifts, the all-in-one team managemen ...

Lightspeed Commerce Inc. (LSPD) closed at $15.85 in the latest trading session, marking a -1.55% move from the prior day. This change lagged the S&P 500's 0.96% loss on the day. On the other hand, the Dow registered a loss of 0.94%, and the technology-centric Nasdaq decreased by 1.18%. Heading into today, shares of the company had gained 33.72% over the past month, outpacing the Business Services sector's gain of 4.01% and the S&P 500's gain of 4.3% in that time. Investors will be eagerly watching for the p ...

With Lightspeed Commerce engaged in discussions of "potential strategic alternatives," private equity firms and Worldpay are reportedly the most logical potential buyers of the point-of-sale (POS) and commerce platform. Jefferies analyst Trevor Williams wrote in a note Wednesday (Sept. 25) that along with those potential buyers, Fiserv, Global Payments and Shift4 Payments are less likely potential buyers, Seeking Alpha reported Thursday (Sept. 26). With mergers and acquisitions (M&A) speculation heightened ...

Lightspeed Commerce Inc. (LSPD) shares soared 12.9% in the last trading session to close at $15.68. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.2% gain over the past four weeks. The stock is benefiting from improvements in unified payments and the company's focus on its flagship products and shift in its customer base towards higher gross transaction value locations. This company is expected to post quarterly earnings of $0 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...