Lightspeed Commerce Fiscal Q4 Adjusted Earnings, Revenue Increase

MT Newswires Live
05-22

Lightspeed Commerce (LSPD) reported fiscal Q4 adjusted net income Thursday of $0.10 per diluted share, up from $0.06 a year earlier.

Analysts polled by FactSet expected $0.11.

Revenue for the quarter ended March 31 was $253.4 million, up from $230.2 million a year earlier.

Analysts surveyed by FactSet expected $251.2 million.

The company expects fiscal Q1 revenue of $285 million to $290 million. Analysts polled by FactSet expect $285.1 million.

Revenue for the current fiscal year is projected to grow 10% to 12%, the company said.

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