Lightspeed(LSPD)
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Lightspeed Expands Partnership with 7shifts to Revolutionize Payroll and Operations for North American Restaurants
Prnewswire· 2024-10-10 10:00
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) Declines More Than Market: Some Information for Investors
ZACKS· 2024-10-07 23:20
Core Viewpoint - Lightspeed Commerce Inc. is expected to report significant earnings growth and revenue increase in its upcoming earnings disclosure, reflecting positive business performance and investor interest [2][3]. Financial Performance - The upcoming EPS for Lightspeed Commerce Inc. is projected at $0.10, indicating a 150% increase year-over-year [2]. - The Zacks Consensus Estimate for revenue is projected at $274.03 million, representing a 19.01% increase from the previous year [2]. - For the entire fiscal year, earnings are estimated at $0.36 per share, a 125% increase, with revenue projected at $1.1 billion, reflecting a 20.69% increase from the prior year [3]. Analyst Estimates - Recent modifications to analyst estimates for Lightspeed Commerce Inc. suggest a positive outlook, indicating analysts' confidence in the company's performance [4]. - The Zacks Rank system, which incorporates estimate changes, currently ranks Lightspeed Commerce Inc. at 3 (Hold), with no changes in the EPS estimate over the past month [6]. Valuation Metrics - Lightspeed Commerce Inc. has a Forward P/E ratio of 44.47, which is higher than the industry average of 24.62, indicating a premium valuation [7]. - The company has a PEG ratio of 1.33, compared to the Technology Services industry's average PEG ratio of 1.61, suggesting a favorable growth outlook relative to its valuation [8]. Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 65, placing it in the top 26% of over 250 industries, indicating strong performance potential [8][9].
Report: Private Equity Firms and Worldpay Are Logical Potential Buyers of Lightspeed
PYMNTS.com· 2024-09-27 13:53
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 POS (LSPD) Soars 12.9%: Is Further Upside Left in the Stock?
ZACKS· 2024-09-26 15:40
Company Overview - Lightspeed Commerce Inc. (LSPD) shares increased by 12.9% to close at $15.68, supported by strong trading volume, significantly higher than normal [1] - The stock has gained 6.2% over the past four weeks, indicating positive momentum [1] Earnings Expectations - The company is projected to report quarterly earnings of $0.10 per share, reflecting a year-over-year increase of 150% [2] - Expected revenues for the upcoming quarter are $274.03 million, which is a 19% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Lightspeed POS has remained stable over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [3] Industry Comparison - Lightspeed POS is part of the Zacks Technology Services industry, where another company, Confluent (CFLT), has a consensus EPS estimate of $0.05, also reflecting a year-over-year change of 150% [4] - Confluent holds a Zacks Rank of 3 (Hold), indicating a more cautious outlook compared to Lightspeed [4]
Lightspeed Commerce mulls strategic options, including private equity deal
Proactiveinvestors NA· 2024-09-26 15:02
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 Engages in Discussions of ‘Potential Strategic Alternatives'
PYMNTS.com· 2024-09-26 00:49
Core Viewpoint - Lightspeed Commerce is undergoing a strategic review of its business and operations, considering various potential strategic alternatives, including a possible sale of the company [1][2][3]. Group 1: Company Strategy - The company periodically conducts strategic reviews to realize its full potential and is currently engaged in discussions regarding a range of strategic alternatives [2]. - Lightspeed's board of directors is committed to acting in the best interests of the company and its stakeholders, with no intention to disclose further information beyond regulatory obligations [2]. Group 2: Market Context - Since going public five years ago, Lightspeed's stock has lost over one-third of its value, attributed to weak consumer spending and declining investor enthusiasm for FinTech stocks post-pandemic [4]. - The founder and CEO, Dax Dasilva, has expressed interest in whether going private could be a better option for the company, indicating openness to discussions on this topic [4][5]. Group 3: Financial Advisory and Potential Buyers - Reports indicate that Lightspeed is working with a financial adviser to explore options, including a potential sale, with private equity firms as possible buyers [3]. - The discussions regarding a potential transaction are still in the early stages, and there is no guarantee of a deal being reached [3].
Lightspeed Commerce Responds to Media Reports
Prnewswire· 2024-09-25 22:50
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 ...
Lightspeed Commerce Inc. (LSPD) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-09-20 23:06
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 ...
New Lightspeed Data Shows Digital Marketing is Driving Engagement and Growth for Golf Courses
Prnewswire· 2024-09-19 10:00
"With golfers increasingly using digital channels to engage with courses, having a well-optimized online presence can help drive bookings and customer loyalty – this is why we offer Digital Marketing Solutions (DMS) as part of Lightspeed Golf," said David Hope, General Manager, Golf at Lightspeed. "Our data shows that golf courses embracing digital marketing strategies like DMS are seeing significant results, from heightened visibility to increased rounds and sales." The data also shows that social media en ...
Lightspeed Commerce Inc. (LSPD) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-13 23:06
In the latest trading session, Lightspeed Commerce Inc. (LSPD) closed at $12.62, marking a +0.08% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.54%. On the other hand, the Dow registered a gain of 0.72%, and the technology-centric Nasdaq increased by 0.65%. The the stock of company has fallen by 5.4% in the past month, lagging the Business Services sector's gain of 7.34% and the S&P 500's gain of 4.86%. Investors will be eagerly watching for the performance of Li ...