Lightspeed reports Q3 adjusted EPS 15c, consensus 15c

Reports Q3 revenue $312.3M, consensus $311.44M. “Lightspeed’s (LSPD) transformation continued to deliver results this quarter with both Customer Locations and GTV growing at an accelerated pace,” said CEO Dax Dasilva. “Our consistent delivery of new, highly innovative features such as Lightspeed AI, Marketplace within NuORDER by Lightspeed and Lightspeed Tempo, along with disciplined go-to-market execution, is driving momentum across our growth engines.” “This quarter again demonstrates disciplined execution against the framework we laid out at Capital Markets Day,” said Asha Bakshani, CFO. “We delivered strong results, continued to improve our already healthy balance sheet, and expanded Adjusted EBITDA while investing behind our growth engines. This is exactly how we intend to execute our transformation – with focus, predictability, and profitability.”