Lightspeed Commerce Reports Smaller Loss but Shares Decline

Published 3 hours agoLSPD

Lightspeed Commerce Reports Smaller Loss but Shares Decline

Lightspeed Commerce Inc. has announced its fourth-quarter earnings, revealing a net loss of $74.5 million for the period ending March 31, 2024. This marks an improvement from the $114.5 million loss the company reported for the same quarter last year. Despite narrowing its losses, the stock price fell after the earnings release.

The company's revenue saw a significant increase, growing by 26% year-over-year to reach $184.2 million, up from $146.6 million. Analysts had expected revenue to match this figure but anticipated a slightly higher adjusted loss per share of $0.03, whereas Lightspeed reported an adjusted loss of $0.00 per share. However, despite meeting revenue expectations, shares traded down 6.78%, with the stock priced at $10.04 as of May 22, 2025, according to Moosejaw Today.

In light of the recent earnings report and subsequent stock market reaction, Lightspeed has provided guidance for the upcoming quarter, forecasting revenue in the range of $255 million to $260 million. This projection aims to build on the company's recent revenue growth, as reported by Nasdaq.

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