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Lightspeed Commerce Q1 2024 Earnings Report

Lightspeed Commerce logo
$16.07 +0.65 (+4.22%)
(As of 12/20/2024 05:31 PM ET)

Lightspeed Commerce EPS Results

Actual EPS
-$0.14
Consensus EPS
-$0.23
Beat/Miss
Beat by +$0.09
One Year Ago EPS
N/A

Lightspeed Commerce Revenue Results

Actual Revenue
$209.09 million
Expected Revenue
$197.30 million
Beat/Miss
Beat by +$11.79 million
YoY Revenue Growth
N/A

Lightspeed Commerce Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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About Lightspeed Commerce

Lightspeed Commerce (NYSE:LSPD) engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, point of sale (POS), product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, order-ahead and curbside pickup functionality, loyalty, and customer management solutions. The company also offers tailored financial solutions, such as Lightspeed Retail, Lightspeed eCommerce, Lightspeed Restaurant, and Lightspeed B2B solutions. In addition, it sells hardware, including tablets, customer facing displays, receipt printers, networking hardware, cash drawers, payment terminals, servers, stands, bar-code scanners, and an assortment of accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montreal, Canada.

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