Lightspeed Commerce reports a loss of US$28.6 million in its most recent quarter, according to financial results covered by Canadian outlets. The company also reports that revenue increases 15% compared with the same quarter a year earlier. The reported quarterly loss is far smaller than the loss recorded in the same period last year, when Lightspeed posted a loss of US$575.9 million. While details beyond these figures are not included in the provided excerpts, the coverage indicates a year-over-year improvement on the bottom line alongside higher sales. The company’s latest quarter results therefore show a narrowed loss versus the prior year quarter, alongside revenue growth. The figures are presented in US dollars and relate to the company’s Q4 reporting period, based on the outlet descriptions.
Lightspeed reports $28.6M Q4 loss as revenue rises 15% year over year
Lightspeed Commerce reports a loss of US$28.6 million in its most recent quarter, according to financial results covered by Canadian outlets. The company also reports that revenue increases 15% compar...
- Lightspeed Commerce reports a US$28.6 million loss in its Q4 results.
- Revenue rises 15% compared with the same quarter a year earlier.
- The Q4 loss is much smaller than the US$575.9 million loss reported in the same quarter last year.
- The reported figures are presented in US dollars and cover Lightspeed’s Q4 period.
Result compares with a loss of $575.9-million in the same quarter last year
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