Lightspeed Commerce beats Q1 revenue estimates, maintains FY27 outlook
LSPD•Outlook
- Lightspeed sees Q2 revenue of $316 mln to $326 mln, organic growth of 12% to 16%
- Company expects Q2 gross profit of $141 mln to $146 mln, organic growth of 10% to 14%
- Lightspeed maintains FY27 outlook, sees revenue of $1.225 bln to $1.265 bln, organic growth of 12% to 15%
Overview
- Canada commerce platform's fiscal Q1 revenue grew 17% organically, beating analyst expectations
- Adjusted EPS for fiscal Q1 slightly missed analyst expectations
- Company repurchased $86 mln in shares during the quarter
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q1 Revenue | Beat | $322.70 mln | $315.11 mln (13 Analysts) |
| Q1 Adjusted EPS | Miss | $0.13 | $0.14 (9 Analysts) |
| Q1 Net Loss | $2.42 mln |
Result drivers
- Core segment growth - Revenue in North American retail and European hospitality rose 20% year over year, with customer locations up 10%
- Payments adoption - Increased adoption of payments solutions drove higher ARPU and record payments penetration
