$19.74M a year ago adjusted EBITDA as a percentage of revenue was -2.4% vs. Subscription revenue of $76.2M rose from $70.5M, and transaction-based revenue of $99.6M climbed from $66.7M.Īdjusted EBITDA was -$4.3M vs. Q4 2023 total revenue of $184.2M, topping the $183.9M consensus, increased from $146.6M in the year-ago quarter. Marsello Integrates with Lightspeed Restaurant (O-Series) and Lightspeed Ordering so you can build profitable customer relationships with smart loyalty and. Reflected in the new guidance are incremental costs from the program launch in the first part of the year, which are expected to be ~$12M for the full year.Īdjusted EPS for the quarter ended Mawas $0.00, better than the consensus of -$0.03, compared with -$0.15 in Q4 2022. $894.5M consensus), with growth stronger in H2 as unified payments rolls out and break-even or better adjusted EBITDA, including the costs for the unified payments product. The company is withdrawing its previously issued target of 35%-40% annual organic subscription and transaction-based revenue growth.įor FY 2024, Lightspeed ( LSPD) expects revenue of $875M-$900M (vs. It expects adjusted EBITDA of about -$10M, including costs for launching the unified POS and payments system as well as ~$4M in costs for its annual sales summit. Back Office Lightspeed Restaurant POS (O-Series) Login as another user. The company expects revenue growth to build as the year progresses as customers are added to Lightspeed Payments and as additional volume is processed through the embedded payments solution.įor Q1 2024, the company expects revenue of $195M-$200M, less than the $207.4M consensus estimate. Quick to get started, Lightspeed is easy to use, yet powerful enough to run any type and size of retail and hospitality business. Lightspeed Commerce ( NYSE: LSPD) stock slid 13% in Thursday premarket trading after the payment systems firm issued softer than expected fiscal Q1 guidance, reflecting the ramping up of its unified payments and POS system amid an uncertain economic climate. Lightspeed (is the critically-acclaimed, online science fiction magazine edited by bestselling anthologist John Joseph Adams.
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