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 ...

As used in this management's discussion and analysis ("MD&A"), unless the context indicates or requires otherwise, all references to the "Company", "Lightspeed", "we", "us" or "our" refer to Lightspeed Commerce Inc. together with our subsidiaries, on a consolidated basis as constituted on June 30, 2024. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2024 This MD&A dated August 1, 2024, for the three months ended June 30, 2024, should ...

Core Insights - Lightspeed Commerce Inc. reported total revenue of $266.1 million for the quarter ended June 30, 2024, representing a 27% year-over-year growth and exceeding expectations [1][4] - The company improved its net loss to ($35.0) million from ($48.7) million in the same quarter last year, with an Adjusted EBITDA of $10.2 million, surpassing the $7 million outlook [1][4] - Gross Payment Volume (GPV) increased by 64% to $8.4 billion, driven by the adoption of the company's unified POS and payments solutions [10][4] Financial Performance - Total revenue reached $266.1 million, a 27% increase year-over-year, with transaction-based revenue growing by 44% to $174.1 million and subscription revenue increasing by 6% to $83.3 million [4][10] - The net loss improved to ($35.0) million, or ($0.23) per share, compared to a net loss of ($48.7) million, or ($0.32) per share in the prior year [4][48] - Adjusted Income was reported at $16.1 million, or $0.10 per share, compared to an Adjusted Loss of ($2.2) million, or ($0.01) per share in the same quarter last year [4][54] Operational Highlights - The company launched several new products, including an Omnichannel Loyalty Program and improvements in inventory management, enhancing the customer experience [6][7] - Average Revenue Per User (ARPU) grew by 31% year-over-year to approximately $502, reflecting the success of the unified POS and payments offering [7][4] - Lightspeed repurchased approximately 2.7 million shares for about $40 million during the quarter [1][4] Market Position and Strategy - Lightspeed continues to focus on expanding its software business and increasing subscription revenue growth through various initiatives [3][15] - The company anticipates total revenue growth of at least 20% for the full fiscal year, with a positive outlook for Adjusted EBITDA profitability [15][17] - Notable customer acquisitions include major brands like Google's GBike and Tommy Hilfiger, indicating strong market traction [11][4] Sustainability and Corporate Responsibility - The company published its third annual Sustainability Report, highlighting initiatives such as planting over 1.8 million trees and improving gender representation in leadership roles [12][4]

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 ...

Lightspeed's Q1 innovations brought a number of new products and feature sets across the retail and hospitality industries, including: Increased B2B Capabilities in NuORDER Assortments Retailers need to be critically aware of how much it costs to actually deliver a product to their consumer's doorstep. With Landed Costs, merchants can capture expenditures like discounts and costs of ordering inventory, like shipping and import duties. Through this data, retailers can ensure they are accurately pricing their ...

In the latest market close, Lightspeed Commerce Inc. (LSPD) reached $13.88, with a +1.46% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.55%. On the other hand, the Dow registered a gain of 0.62%, and the technology-centric Nasdaq increased by 0.63%. Investors will be eagerly watching for the performance of Lightspeed Commerce Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 1, 2024. The company is forecasted to ...

MONTREAL, July 11, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) | (TSX: LSPD) ("Lightspeed" or the "Company"), today announced it will report first quarter 2025 financial results before the market open on Thursday, August 1, 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 ...