Lightspeed Commerce (TSE:LSPD) Releases Earnings Results

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

Lightspeed Commerce Stock Down 0.5%

LSPD stock traded down C$0.07 during mid-day trading on Friday, reaching C$14.52. 701,377 shares of the company traded hands, compared to its average volume of 694,487. The firm’s 50 day moving average price is C$14.53 and its 200 day moving average price is C$13.67. Lightspeed Commerce has a fifty-two week low of C$10.80 and a fifty-two week high of C$19.25. The stock has a market cap of C$1.88 billion, a price-to-earnings ratio of -20.45 and a beta of 1.77. The company has a quick ratio of 6.05, a current ratio of 3.44 and a debt-to-equity ratio of 1.44.

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.