Lightspeed Commerce (LSPD) Misses Q4 EPS by 5c, Beats on Revenue; Offers FY24 Revenue Guidance

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Lightspeed Announces Third Quarter 2024 Financial Results

February 8, 2024 6:50 AM EST

Total revenue of $239.7 million grew 27% year-over-year and surpassed previously-established outlook
Net loss and Adjusted EBITDA1 improved to ($40.2) million and $3.6 million, respectively
Lightspeed's Unified Payments initiative helped deliver GPV of $6.6 billion, an increase of 69% year-over-year
GPV as a percentage of GTV was 29% in the quarter

Lightspeed reports in US dollars and in accordance with... More