Lightspeed Commerce Inc reports results for the quarter ended December 31 - Earnings Summary

• Lightspeed Commerce Inc LSPD.TO reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from -5 cents to 16 cents per share.

• Revenue rose 16.9% to $280.13 million from a year ago; analysts expected $286.41 million.

• Lightspeed Commerce Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $26.59 million.

• Lightspeed Commerce Inc shares had fallen by 4.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Lightspeed Commerce Inc is $19.00

This summary was machine generated from LSEG data February 6 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)