Lightspeed Stock Falls as Company Reports Big Goodwill Writedown but Says Turnaround on Track

Lightspeed Commerce sees 'softness' in North American hospitality

Lightspeed Commerce Inc.'s chief financial officer says the technology company has taken a "conservative" approach to forecasting for the year because economic uncertainty is swirling. With U.S.

Lightspeed stock falls as company reports big goodwill writedown but says turnaround on track

The software company reported a net loss of US$575.9-million in its fiscal fourth quarter

The action of Lightspeed Commerce is under pressure, while investors wait to see if the company's strategy will bear fruit.

Eye on Point of Sale: Lightspeed Marks $1 Billion in Revenue; Manhattan Associates Secures a Shopify Presence - Digital Transactions

In a first, point-of-sale system and e-commerce platform Lightspeed Commerce Inc. exceeded $1 billion in yearly revenue, posting $1.1 billion for its fiscal year ended March 31. That’s up 21% from $909 million the previous year. It wasn’t enough, however, to offset financial performance, resulting in a loss for the year. Montreal-based Lightspeed, which in February decided to remain a publicly traded company, posted a $667.2 million net loss for…

On an adjusted basis, Lightspeed reported having realized a profit of US$0.10 per share. The post Lightspeed reports a net loss of US$575.9 million to the 4T appeared first on Les Affaires.

Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook

As it promised, Montréal-based Lightspeed Commerce surpassed $1 billion USD in annual revenue for the first time during fiscal 2025, which concluded on March 31. However, while Lightspeed largely met expectations and improved its financial profile in its latest earnings report, it also posted a net loss of nearly $576 million in fiscal Q4 as the firm’s weak share price triggered a big goodwill writedown and it shared a conservative outlook for f…