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 ...

Core Insights - The partnership between Lightspeed and 7shifts aims to address significant challenges in the restaurant industry, particularly in labor management and operational efficiency [1][2][3] Industry Challenges - 62% of restaurateurs are struggling with labor management, while 74% are seeking technology solutions to streamline operations [3] - Rising labor costs and operational challenges are critical issues affecting profitability in the restaurant sector [3] Partnership Enhancements - Lightspeed has enhanced its integration with 7shifts, providing new functionalities that simplify operations for restaurant owners across North America [2][4] - The integration allows restaurant owners to import sales, labor, and employee data directly into 7shifts, improving forecasting capabilities and reducing manual tasks [4][6] Benefits of Integration - The partnership enables restaurant owners to utilize 7shifts' payroll features, which include Payroll Administration, Tip Integration, and Benefit Management, allowing them to focus on customer experiences [5][6] - Accurate data syncing between Lightspeed and 7shifts ensures timely and error-free payroll processing for employees [6] Company Background - Lightspeed is a unified commerce platform that supports merchants in providing exceptional omnichannel experiences, serving various sectors including hospitality [2][8] - 7shifts, founded in 2014, specializes in team management solutions for restaurants, helping over 50,000 establishments improve performance and manage labor costs effectively [10]

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 ...

Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and that it does not intend to disclose more information except as required by its regulatory obligations. "While it is the long-standing policy of Lightspeed not to comment on market rumors, the company notes the recent media reports concerning a potential transaction involving the company," Lightspeed said in a Wednesday (Sept. 25) press release. "Lig ...

MONTREAL, Sept. 25, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed" or the "Company"), today issued the following statement: While it is the long-standing policy of Lightspeed not to comment on market rumors, the Company notes the recent media reports concerning a potential transaction involving the Company. Lightspeed periodically undertakes, and is currently conducting, a strategic review of its business and operations with a view to realizing its full potential. In thi ...

In the latest trading session, Lightspeed Commerce Inc. (LSPD) closed at $13.81, marking a -1.5% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.36%. Shares of the company have appreciated by 6.78% over the course of the past month, outperforming the Business Services sector's gain of 6.7% and the S&P 500's gain of 2.06%. Analysts and investors alike will be keeping a close eye on the performa ...