Lightspeed Commerce Inc reports results for the quarter ended in June - Earnings Summary

Lightspeed Commerce

03/08/2023 15:48

* Lightspeed Commerce Inc  LSPD.TO  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in June. The
mean expectation of fifteen analysts for the quarter was for a
loss of 4 cents per share.
    * Revenue rose 20.2% to $209.09 million from a year ago;
analysts
expected $197.84 million. 
    * Lightspeed Commerce Inc's reported EPS for the quarter was
a
loss of 32 cents​.
    * The mean earnings estimate of analysts had fallen by
about 318%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Lightspeed Commerce Inc shares had fallen by 3.5% this
quarter and gained 11.7% so far this year.
    * The company reported a quarterly loss of $48.7 million.
    * Wall Street's median 12-month price target for Lightspeed
Commerce Inc is $19.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 02:47 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.04          -0.01          Beat
 Mar. 31 2023      -0.03          0.00           Beat
 Dec. 31 2022      -0.05          0.00           Beat
 Sep. 30 2022      -0.06          -0.05          Beat