Lightspeed Commerce Looks To Sales Growth As Market Demand Remains Soft

  • LSPD posted modest revenue growth but missed earnings, reflecting ongoing demand softness and macroeconomic headwinds in key markets. Cost efficiencies, higher ARPU, and a focus on larger merchants support gradual margin improvement, but revenue growth is likely to remain subdued. Valuation multiples have compressed significantly, and despite aggressive share buybacks, persistent losses and negative free cash flow remain concerns.