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Lightspeed Announces Fiscal First Quarter 2026 Financial Results Conference Call
Prnewswire· 2025-07-10 12:00
Core Viewpoint - Lightspeed Commerce Inc. will report its first quarter 2026 financial results on July 31, 2025, and will host a conference call to discuss these results [1][2]. Company Overview - Lightspeed is a unified omnichannel platform that supports retail and hospitality businesses in over 100 countries [1][3]. - The company provides a comprehensive suite of services including point of sale, ecommerce, embedded payments, inventory management, reporting, and financial services [4]. Upcoming Financial Results - The financial results will be announced before the market opens on July 31, 2025, with a conference call scheduled for 8:00 am ET on the same day [1][2]. - Participants can register for the call in advance and will receive instructions via email [2]. Company Background - Founded in 2005 in Montréal, Canada, Lightspeed is dual-listed on the NYSE and TSX [5]. - The company has teams located across North America, Europe, and Asia Pacific [5].
Lightspeed Commerce Announces Settlement Agreement for Quebec Class Action
Prnewswire· 2025-06-17 00:34
Core Viewpoint - Lightspeed Commerce Inc. has reached an agreement in principle to fully resolve proposed class action proceedings in Quebec, following the dismissal of a similar U.S. securities class action against the company, which found the allegations to lack legal basis [1][2][3]. Group 1: Settlement Details - The settlement amount is approximately $8.09 million, equivalent to C$11 million, based on an exchange rate of 0.7354 [3][4]. - The settlement is subject to approval by the Superior Court of Quebec and aims to settle all claims against the company and other defendants, with no admission of liability or wrongdoing [2][3]. Group 2: Company Transformation - The company is undergoing a transformation focused on strategic growth and aims to build a long-term profitable business for customers and shareholders [3]. - The resolution of the class action allows the company to concentrate on markets where it has a competitive advantage and to enhance customer experiences globally [3]. Group 3: Company Overview - Lightspeed operates as a unified omnichannel platform for retail and hospitality businesses in over 100 countries [1][5]. - The company provides a range of services including point of sale, e-commerce, embedded payments, inventory management, and financial services [6].