Lightspeed Commerce Inc T.LSPD

Alternate Symbol(s): LSPD

Technology Software - Application

Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company’s products include Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Lightspeed Insights, Scanner, Integrations, API, Workflows, Service Orders, Capital, B2B Catalog, Pricing, Point of Sale, Order Anywhere, Advanced Insights, Inventory, Tableside, Payments, Accounting, Kitchen Display System, Customer Facing Display, Hardware, Integrations, Capital, Benchmarks & Trends, Workforce & Payroll, Tee Sheet, Point of Sale, Sales & Marketing, Reporting & Intelligence, Website & App, Accounting, Payments, Hardware, Integrations, and Capital. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. Its Golf course management software includes Golf POS, Tee sheet management software, Golf booking & scheduling software, and others.

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Lightspeed Commerce Inc > Motley Fool Top Picks for June

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Comment by cananonon Jun 01, 2021 3:49pm

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Post# 33304672

RE:Motley Fool Top Picks for June

ALL IN!

retiredcf wrote:
Sneha Nahata: Lightspeed

I am optimistic about Lightspeed’s (TSX:LSPD)(NYSE:LSPD) prospects, and there are good reasons for that. The commerce-enabling company is firing on all cylinders, as reflected through the stellar growth in its revenues and customer base. Meanwhile, its stellar 2021 revenue outlook further strengthens my bullish view.

I believe its subscription and transaction-based revenues could continue to grow at a breakneck pace, reflecting solid growth in payments volumes. Furthermore, its growing customer base, up-selling opportunities, and increased adoption of its multiple modules by the existing customers will likely accelerate its growth and drive its average revenue per user. Also, Lightspeed’s solid capital-allocation strategy and recent acquisitions bode well for future growth.

Fool contributor Sneha Nahata has no position in any of the stocks mentioned.