Stock market today: Stocks fall as investors rotate out of tech into Jackson Hole
NEW YORK - Lightspeed Commerce Inc. (NYSE: LSPD) reported mixed fourth quarter results and provided first quarter revenue guidance that was in line with expectations on Thursday.
Lightspeed’s stock was unchanged in after-hours trading following the earnings release.
The commerce platform provider posted adjusted earnings per share of $0.10, missing analyst estimates by $0.01. Revenue came in at $253.4 million, slightly above the consensus of $252.37 million and up 10% year-over-year.
For the first quarter, Lightspeed expects revenue between $285-290 million, compared to analyst expectations of $284.5 million.
The company’s total gross transaction volume (GTV) was $20.6 billion in Q4, down 0.2% year-over-year. However, gross payment volume (GPV) increased 19% to $7.9 billion.
"Fiscal 2025 was a transformative year for Lightspeed: we delivered revenue growth of 18% with annual revenue exceeding $1 billion for the first time," said CEO Dax Dasilva.
The company ended the quarter with $558.5 million in cash and cash equivalents.