Lightspeed FY27 Q1 net loss narrows to USD 2.4 million; revenue rises 6% to USD 322.7 million
LSPD•Outlook
Outlook calls for fiscal Q2 revenue of USD 316 million to USD 326 million, and adjusted EBITDA of USD 20 million to USD 25 million.
Quarterly results
Lightspeed posted fiscal Q1 revenue of USD 322.7 million, up 6% year over year, or 17% on an organic basis.
Net loss narrowed to USD 2.4 million from USD 49.6 million; adjusted EBITDA rose to USD 17.5 million from USD 15.9 million.
Gross profit climbed to USD 138.6 million, up 7% year over year, or 12% on an organic basis; gross margin was 43%.
GTV rose 5% to USD 25.7 billion; GPV increased 11% to USD 11.3 billion, lifting GPV penetration to 44% from 41%.
