SmartStocks

Tag: LSPD

  • Lightspeed Narrows Losses, Raises Fiscal Outlook as Revenue Grows 20%

    Lightspeed Narrows Losses, Raises Fiscal Outlook as Revenue Grows 20%

    SmartStocks.ca Staff

    Quarterly Financial Highlights Lightspeed Commerce (TSX:LSPD)(NYSE:LSPD) posted revenue of $277.2 million for Q3 2024, marking a 20% increase year-over-year. This growth was driven by a 33% rise in transaction-based revenue, which reached $183.8 million, as more clients adopted Lightspeed Payments. Subscription revenue rose by a modest 6% to $85.5 million, impacted by slower-than-expected uptake, though… Read more