MONTREAL, Aug. 2, 2024 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), today announced the voting results for the items of business put forth by the Company at its annual shareholders meeting held on August 1st, 2024 (the "Meeting"). 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. Shareholders of the Company voted in favo ...

Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. The point-of-sale (POS) system provider released earnings Thursday (Aug. 1) showing revenues up 27% during the quarter, which also saw the company release new inventory management features for its ICP (ideal customer profile) customers. "Our efforts in retail are focused on widening the mode between ourselves and other cloud based competitors and displacing legacy players currently serving our ICP customers," sa ...

Lightspeed Commerce Inc (NYSE:LSPD) Q1 2025 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Gus Papageorgiou - Head of Investor Relations Dax Dasilva - Founder, CEO & Director Asha Bakshani - Chief Financial Officer Jean-David Saint-Martin - President Conference Call Participants Dan Perlin - RBC Andrew Bauch - Wells Fargo Thanos Moschopoulos - BMO Capital Markets Timothy Chiodo - UBS Dominic Ball - Redburn Atlantic Trevor Williams - Jefferies James Burns - National Bank Josh Baer - M ...

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 Inc. (LSPD) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.06, delivering a surprise of 20%. Over the last four quarters, the comp ...

Total revenue of $266.1 million grew 27% year-over-year and exceeded outlook Net loss improved to ($35.0) million and positive Adjusted EBITDA1 of $10.2 million exceeded the $7 million outlook GPV as a percentage of GTV was 36% in the quarter, up from 22% in the prior year Quarterly ARPU2 grew 31% year-over-year to a record ~$502 Lightspeed repurchased ~2.7 million shares during the quarter for ~$40 million Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, Aug. 1, 2024 /PRNewswire/ - L ...

The consensus estimate for the bottom line is pegged at 6 cents per share, suggesting a more than 100% rise from the year-ago quarter's actual. The bottom line is expected to have gained from strong margins. Our proven model does not conclusively predict an earnings beat for LSPD this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they a ...

Some highlights of Lightspeed's sustainability initiatives include: Lightspeed's employee base includes 9% LGBTQ2S+, 5% persons with disabilities and 35% BIPOC representation.1 50% of Lightspeed's executive officers identify as women. Lightspeed continues to partner with GiftTrees to offer Carbon Friendly Dining, which empowers its customers' diners to offset carbon emissions associated with their meals by planting trees. Over 1.8 million trees have been planted to date. Find out more about our mission on o ...

So, this combination makes it difficult to conclusively predict that Lightspeed POS will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Lightspeed POS would post earnings of ...

Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Lightspeed Commerce Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 92, placing it within the t ...