Lightspeed Announces Third Quarter 2021 Financial Results, Provides Outlook for Fourth Quarter
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Lightspeed POS Inc. (LSPD) Reports Q3 Loss of $0.06 on Revenues of $57.6M; Offers 4Q Revenue Guidance
February 4, 2021 7:01 AM ESTLightspeed POS Inc. (NYSE: LSPD) reported Q3 EPS of ($0.06), versus ($0.07) reported last year. Revenue for the quarter came in at $57.6 million, versus $32.28 million reported last year.
Third Quarter Financial Highlights(All comparisons are relative to the three-month period ended December 31, 2019 unless otherwise stated):
Total revenue of $57.6 million, an increase of 79%Recurring software and payments revenue of $52.5 million, an increase of 85%Net Loss of ($42.7) million as compared to a net loss of ($15.8) millionAdjusted Net Loss[1] of ($7.1) million as compared to an Adjusted Net Loss of ($5.9) millionAdjusted Net Loss per... More