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Lightspeed Commerce Inc. - $LSPD STOCK NEWS

Welcome to our dedicated page for Lightspeed Commerce news (Ticker: $LSPD), a resource for investors and traders seeking the latest updates and insights on Lightspeed Commerce stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lightspeed Commerce's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lightspeed Commerce's position in the market.

Rhea-AI Summary

Lightspeed Commerce (NYSE: LSPD | TSX: LSPD) and Uber (NYSE: UBER) have announced a new partnership to integrate Uber Direct and Uber Eats into Lightspeed's platform for North American hospitality merchants.

This collaboration allows Lightspeed merchants to list their offerings on Uber Eats, accessed by millions of users, and use Uber Direct for cost-effective deliveries without investing in custom fleets. Lightspeed's President JD Saint-Martin emphasized the partnership's potential to address staffing and revenue margin challenges in the restaurant industry, while Uber's Bernie Huddlestun highlighted the rising consumer demand for express delivery.

The integration is now available to North American Lightspeed Restaurant customers, with plans to expand to additional markets. More information can be found on Lightspeed's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
partnership
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Rhea-AI Summary

Lightspeed announced its Q4 and full-year 2024 financial results, showcasing a 25% YoY revenue growth to $230.2 million for Q4, and a 24% annual growth to $909.3 million, surpassing expectations. Transaction-based revenue surged 40% YoY to $139 million for Q4, while subscription revenue increased 7% YoY to $81.3 million. Net loss improved significantly to $32.5 million from $74.5 million in the prior year, and Adjusted EBITDA turned positive at $4.4 million from a loss of $4.3 million. The company forecasts crossing $1 billion in revenue for fiscal 2025. Dax Dasilva has been reappointed as the permanent CEO.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.15%
Tags
-
Rhea-AI Summary

Lightspeed and the Myrtle Beach Area Golf Course Owners Association have formed a strategic partnership to enhance golf experiences. Lightspeed will provide industry-leading retail and restaurant solutions to over 70 premium golf courses in Myrtle Beach, integrating with Omni Golf's tee sheet technology. This partnership coincides with the Myrtle Beach Classic tournament, the first-ever PGA Tour event in the region's history.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
partnership
Rhea-AI Summary

Lightspeed Commerce Inc. highlights recent product launches aimed at helping businesses scale faster and smarter, with a focus on data-driven innovations in retail and hospitality. The Q4 updates include new products and features to enhance customer value and operational efficiencies. Key highlights include margin-based pricing, stockout identification, enhanced order tracking with Apple Wallet, payment links, order history and account management for diners, AI-powered configuration recommendations, and new third-party software integrations. Lightspeed continues to empower merchants to provide omnichannel experiences and drive customer loyalty.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
none
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Rhea-AI Summary
Lightspeed Commerce Inc. (NYSE: LPSD) will report Q4 and full-year 2024 financial results on May 16, 2024. The company aims to accelerate growth and provide top customer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
-
Rhea-AI Summary
Lightspeed Commerce Inc. announces a reorganization and cost reduction initiative, including a 10% reduction in headcount-related operating expenditures. The company also authorizes a share repurchase program of up to 10% of its public float, valued at approximately $140 million. Lightspeed reaffirms its fiscal 2024 revenue and Adjusted EBITDA outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.68%
Tags
buyback
Rhea-AI Summary
Lightspeed Commerce Inc. launches Lightspeed Restaurant in Quebec, offering advanced data analytics, staffing solutions, and smart inventory management to help restaurateurs scale their operations. Despite challenges in the industry, the sector shows resilience with anticipated growth in foodservice sales by 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.61%
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none
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Rhea-AI Summary
Lightspeed Commerce Inc. has been named one of the best places to work in Montréal for the second consecutive year by Mediacorp Canada's Annual Competition. The company offers exceptional health and wellness benefits, an unlimited time off policy in North America, and an equity incentive plan. Lightspeed emphasizes a fantastic culture and encourages employee referrals. CEO Dax Dasilva highlights the city's culture and innovation as key factors in the company's success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.16%
Tags
none
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Rhea-AI Summary
Lightspeed Commerce Inc. (LSPD) to participate in two investor conferences showcasing its unified POS and payments platform. The events feature key executives discussing the company's growth strategies and customer experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
conferences
Rhea-AI Summary
Lightspeed Commerce Inc. reappoints Founder Dax Dasilva as interim CEO, replacing JP Chauvet. Dasilva aims to prioritize profitability and operational efficiencies to drive shareholder value. The company reported strong third-quarter 2024 financial results, with revenue growth of 27% year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.97%
Tags
none
Lightspeed Commerce Inc.

NYSE:LSPD

LSPD Rankings

LSPD Stock Data

2.23B
114.63M
9.83%
65.33%
3.53%
Software Publishers
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United States of America
Montreal

About LSPD

we are bringing cities and communities to life by powering independent businesses. we're more than just a high-tech point of sale. we provide our customers with a simple way to build, manage and grow their retail, restaurant or ecommerce business, and create a best-in-class customer experience. our end-to-end solutions unify inventory, customer management, sales and analytics across all channels, in-store and online. want to help in our mission? join the lightspeed team in one of our offices across the globe — amsterdam, brisbane, ghent, london, montreal, new york city, olympia, ottawa.