Lightspeed Commerce (TSE:LSPD) Posts Earnings Results

Lightspeed Commerce (TSE:LSPD) released its quarterly earnings data on Thursday. The company reported C$0.24 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$460.95 million for the quarter. Lightspeed Commerce had a negative net margin of 7.86% and a negative return on equity of 6.61%.

Lightspeed Commerce Stock Down 9.6%

LSPD stock traded down C$1.55 during trading on Thursday, reaching C$14.59. 1,864,627 shares of the stock were exchanged, compared to its average volume of 694,445. The firm’s 50 day moving average is C$14.54 and its 200 day moving average is C$13.68. Lightspeed Commerce has a twelve month low of C$10.80 and a twelve month high of C$19.25. The company has a current ratio of 3.44, a quick ratio of 6.05 and a debt-to-equity ratio of 1.44. The firm has a market cap of C$1.89 billion, a P/E ratio of -20.55 and a beta of 1.77.

Lightspeed Commerce Company Profile

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations. With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network.