Lightspeed Commerce Inc (TSX:LSDP, NYSE:LSDP), a Montreal-based payments technology company, has confirmed it is conducting a strategic review of its business following media reports of a potential sale. In a statement, the firm acknowledged that it is exploring various strategic alternatives to maximize its potential.
Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and that it does not intend to disclose more information except as required by its regulatory obligations.
In the latest trading session, Lightspeed Commerce Inc. (LSPD) closed at $13.81, marking a -1.5% move from the previous day.
Lightspeed Commerce Inc LSPD reported last month better-than-expected quarterly results.
Lightspeed Commerce Inc. (LSPD) reachead $12.62 at the closing of the latest trading day, reflecting a +0.08% change compared to its last close.
Lightspeed POS (LSPD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The consensus price target hints at a 44.4% upside potential for Lightspeed POS (LSPD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Lightspeed Commerce reported its FQ1 2025 results, with reduced operating losses under a returning founder's leadership. LSPD focuses on POS software and hardware for various businesses, with a shift towards larger merchants. Financial trends show improving operating income, cost controls, and a focus on increasing subscription revenue.
Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. The point-of-sale (POS) system provider released earnings Thursday (Aug. 1) showing revenues up 27% during the quarter, which also saw the company release new inventory management features for its ICP (ideal customer profile) customers.
Lightspeed Commerce Inc (NYSE:LSPD ) Q1 2025 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Gus Papageorgiou - Head of Investor Relations Dax Dasilva - Founder, CEO & Director Asha Bakshani - Chief Financial Officer Jean-David Saint-Martin - President Conference Call Participants Dan Perlin - RBC Andrew Bauch - Wells Fargo Thanos Moschopoulos - BMO Capital Markets Timothy Chiodo - UBS Dominic Ball - Redburn Atlantic Trevor Williams - Jefferies James Burns - National Bank Josh Baer - Morgan Stanley Todd Coupland - CIBC Suthan Sukumar - Stifel Operator Thank you for standing by. My name is Ian, and I will be your conference operator today.
Lightspeed Commerce Inc (TSX:LSDP, NYSE:LSDP) reported strong fiscal Q1 2025 results with a significant year-over-year revenue increase, surpassing earnings estimates and showing substantial growth in Gross Payment Volume. Total revenue for the quarter reached $266.1 million, a 27% increase year-over-year, surpassing the consensus estimate of $259.61 million.
Lightspeed Commerce Inc. (LSPD) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.01 per share a year ago.