E-commerce company Lightspeed has topped revenue and net income estimates in its first-quarter 2024 earnings. The company provides point-of-sales software and technology to businesses, giving it insights into business owners' priorities and U.S. consumer spending trends. Lightspeed CEO JP Chauvet breaks down how consumers are spending on hospitality and dining experiences. "Merchants are trying to do more with less... [by] adopting technology," Chauvet says as businesses continue to buy into more technology services and platforms. Chauvet also comments on the productivity boost AI provides and labor shortages impacting small businesses.
Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), the unified POS and payments platform, today announced financial results for the three months ended June 30, 2023.
Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD), today announced it will report first quarter 2024 financial results before the market open on Thursday, August 3, 2023. Powering the world's best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space. Management will host a conference call and webcast to discuss the Company's financial results at 8:00am