Lightspeed Commerce Q1 Adj $0.10 Beats $0.07 Estimate, Sales $266.09M Beat $259.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lightspeed Commerce (NYSE:LSPD) reported strong Q1 earnings, with adjusted EPS of $0.10 beating estimates of $0.07 and sales of $266.09 million surpassing the $259.66 million estimate. This marks a significant improvement from the previous year.
August 01, 2024 | 11:06 am
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Lightspeed Commerce reported Q1 adjusted EPS of $0.10, beating the $0.07 estimate, and sales of $266.09 million, surpassing the $259.66 million estimate. This represents a significant improvement from the previous year, indicating strong business performance.
The company's strong earnings and revenue performance, significantly beating analyst estimates and showing substantial year-over-year growth, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100