Lightspeed Commerce Sees Q2 Revenue Of Approximately $270M-$275M Vs. $272.96M Estimate; Projects At least 20% Growth In FY25 Revenues
Portfolio Pulse from Benzinga Newsdesk
Lightspeed Commerce projects Q2 revenue of $270M-$275M, slightly below the $272.96M estimate, and expects at least 20% growth in FY25 revenues.
August 01, 2024 | 11:11 am
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Lightspeed Commerce projects Q2 revenue of $270M-$275M, slightly below the $272.96M estimate, and expects at least 20% growth in FY25 revenues.
The Q2 revenue projection is slightly below the estimate, which may cause a neutral to slightly negative short-term impact. However, the strong FY25 revenue growth projection could offset this, leading to a balanced short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100