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 cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks. Its one-stop commerce platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. The Company's products include retail, e-commerce, restaurant and golf. It offers Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Advanced Reporting, Scanner and others. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. It provides cloud-based Point of Sale systems for retail stores and restaurants. It has customers globally in over 100 countries.

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Lightspeed Commerce Inc > Rinse and Repeat from Shopify early days

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Post by Buttzzon Oct 06, 2021 9:30am

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Post# 33972860

Rinse and Repeat from Shopify early days

From the Lightspeed response: "In the quarter ended June 30, 2021, revenue of $115.9M increased 220% from the prior year quarter with organic1 software and transaction-based revenue growth of 78%. References herein to "organic" growth exclude the impact of any acquisitions that occurred since the end of the prior comparable period so as to provide a consistent basis of comparison."

Enough said. Stock has taken a big beating over a short report mostly and now Cramer’s comments are no different than what was said during the early Shopify days.

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