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Lightspeed Commerce Inc - LSPD STOCK NEWS

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

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.

News
Lightspeed Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results Conference Call
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
earnings
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News
Lightspeed Commerce Announces Cost Reductions, Share Repurchase Program, and Reaffirms Focus on Profitable Growth
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
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News
Elevating the Culinary Scene: Introducing the Next Evolution of Lightspeed Restaurant in Quebec
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%
Tags
none
News
Lightspeed Named One of Montréal’s Top Employers for 2024
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
-
News
Lightspeed to Participate in Upcoming Investor Conferences
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
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News
Lightspeed Announces the Return of Dax Dasilva as CEO
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
News
Lightspeed Announces Third Quarter 2024 Financial Results
Rhea-AI Summary
Lightspeed Commerce Inc. reported a 27% year-over-year growth in total revenue to $239.7 million, with a net loss of $40.2 million and Adjusted EBITDA of $3.6 million. The company's Unified Payments initiative increased GPV to $6.6 billion, and the subscription revenue saw a 9% year-over-year increase. Lightspeed also delivered several new product releases and expanded its operations in Europe. The financial outlook for fiscal 2024 indicates a revenue range of $895 million to $905 million with a target of achieving break even or better Adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.37%
Tags
earnings
-
News
Lightspeed Commerce Announces Table Side; Roster of New Product Innovations Designed to Increase Customer Efficiency and Cost Effectiveness
Rhea-AI Summary
Lightspeed Commerce Inc. (LSPD) announced new product features and updates to enhance customer service, insights, and unified integrations for retailers and hospitality providers. The company aims to simplify and scale operations, addressing concerns about inflation and focusing on innovations that improve speed and efficiency. The new features include Lightspeed Tableside for faster order-taking, Lightspeed Retail and NuORDER Order Integration for simplified purchasing, Advanced Insights additions to Lightspeed Retail to save money and time, Instant Payouts for retailers, embedded payments and accounting reconciliation on Lightspeed Retail, standalone retail payments, self-delivery on Order Anywhere, Tap to Pay on iPhone, and the expansion of Lightspeed Capital into new markets. The company's clientele includes renowned businesses in various countries, and the PR emphasizes the transformative features of Lightspeed on their website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
none
-
News
Lightspeed Announces Launch of Lightspeed Scheduling to Enable Golf Courses to Manage and Grow Off-Course Services
Rhea-AI Summary
Lightspeed Commerce Inc. (NYSE | TSX: LSPD) has announced the launch of Lightspeed Scheduling, a new booking management tool that allows golf course operators to expand their online booking capabilities beyond tee times. This tool enables them to offer 24/7 online bookings for off-course services such as golf simulators, lessons, fittings, racket sports, and more. The release of Lightspeed Scheduling comes at a time of surging demand for off-course golf activities, with approximately 70% of Lightspeed Golf customers currently having booking needs that extend beyond the golf course. This new tool aims to help courses serve a broader audience, drive additional revenue, and provide a seamless experience for staff and customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
none
News
Lightspeed and GreatLIFE Partner to Offer Customers World-Class, Technology-Driven Golf Experiences
Rhea-AI Summary
Lightspeed Commerce Inc. announced a new partnership with GreatLIFE Golf & Fitness, a Multi-Course Operator with 56 locations across the US. The partnership aims to provide custom technology solutions to GreatLIFE’s golf courses, highlighting Lightspeed's commitment to the golf industry. The collaboration emphasizes the platform's flexibility, open API, and dedicated support for MCOs. Lightspeed is a technology partner for renowned MCOs in the golf industry, aligning with GreatLIFE's mission to enrich communities through golf and healthy lifestyles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
partnership
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Lightspeed Commerce Inc

NYSE:LSPD

LSPD Rankings

#1857 Ranked by Market Cap
#4122 Ranked by Stock Gains
N/A Ranked by Dividends

LSPD Stock Data

2.07B
114.63M
9.83%
65.33%
3.53%
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Canada
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.