Lightspeed Commerce shares are trading lower after the company reported worse-than-expected Q4 sales results and issued 1Q24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Lightspeed Commerce reported worse-than-expected Q4 sales results and issued 1Q24 revenue guidance below estimates, causing its shares to trade lower.
May 18, 2023 | 12:50 pm
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Lightspeed Commerce shares are trading lower due to worse-than-expected Q4 sales results and lower 1Q24 revenue guidance.
Lightspeed Commerce's disappointing Q4 sales results and lower-than-expected 1Q24 revenue guidance directly impact investor sentiment, causing the stock price to trade lower. The news is highly relevant and important for investors, as it indicates potential challenges in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100