Bullboard - Stock Discussion Forum Lightspeed Commerce Inc T.LSPD

Alternate Symbol(s): LSPD

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... see more

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Lightspeed Commerce Inc > New Press Release - Lightspeed Announces Third Quarter 2024 Financial Results

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Post by PressRelease on Feb 08, 2024 6:50am

New Press Release - Lightspeed Announces Third Quarter 2024 Financial Results

Total revenue of $239.7 million grew 27% year-over-year and surpassed previously-established outlook Net loss and Adjusted EBITDA1 improved to ($40.2) million and $3.6 million, respectively Lightspeed's Unified Payments initiative helped deliver GPV of $6.6 billion, an increase of 69...read article.

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Comment by equityresearch on Feb 08, 2024 8:38am

Revenue grew 27%, ARPU grew 28%, GPV grew 69%. These are key indicators which show the potential of Lightspeed.

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Comment by ol_griz on Feb 08, 2024 10:19am

For the life of me I can not understand the depth of this fall. The market usually reacts poorly to a loss regardless of whether it's in line with company guidance or not but this beating seems absurd to me. What were people (and by volume, institutions) thinking? Comments on the quarter? Explanation?

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