Lightspeed Commerce shares are trading higher after the company reported a year-over-year increase in Q2 adjusted EPS results and better-than-expected Q2 sales results. The company also issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Lightspeed Commerce reported a year-over-year increase in Q2 adjusted EPS results and better-than-expected Q2 sales results. The company also issued guidance, leading to a rise in its share prices.
November 02, 2023 | 6:43 pm
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Lightspeed Commerce's better-than-expected Q2 results and the issuance of guidance have led to a rise in its share prices.
Lightspeed Commerce's Q2 results exceeded expectations, which is a positive signal to investors. The issuance of guidance also provides a clearer outlook for the company's future, which can boost investor confidence and drive up share prices.
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