Lightspeed Commerce (LSPD) Tops Q2 EPS by 3c, beats revenue, provides outlook

Lightspeed Commerce (NYSE: LSPD) reported Q2 EPS of ($0.01), $0.03 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $209.1 million versus the consensus estimate of $197.74 million.

Outlook:

Second Quarter 2024

Revenue of approximately $210 million - $215 million.
Adjusted EBITDA loss3 of approximately $4 million.

Fiscal 2024

Revenue of approximately $875 million - $900 million.
Break even or better Adjusted EBITDA3 inclusive of the costs incurred for the unified payments initiative.

For earnings history and earnings-related data on Lightspeed Commerce (LSPD) click here.

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