Shares of Lightspeed POS Inc (LSPD) are soaring 6.46% in pre-market trading on Thursday following the release of its fiscal first-quarter earnings report. The company, which provides point-of-sale and e-commerce software solutions, delivered mixed results that nonetheless excited investors.

Lightspeed reported Q1 revenue of $304.9 million, significantly surpassing the FactSet consensus estimate of $287.3 million. However, the company's adjusted earnings per share (EPS) came in at $0.06, falling short of analysts' expectations of $0.13 per share.

The market's positive reaction to Lightspeed's results suggests that investors are placing more emphasis on the company's top-line growth than its bottom-line performance. This focus on revenue growth is common for technology companies, especially those in the high-growth payment processing and e-commerce sectors. The strong revenue beat may indicate that Lightspeed is successfully expanding its customer base and increasing adoption of its services, which could bode well for future profitability.