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Lightspeed Commerce shared its second-quarter results, showing $324 million in sales, a 15% jump from last year.

ResultsRead the original at Benzinga
Good for LSPD

Lightspeed's sales rose 15% to $324 million, software growth reached 9%, and adjusted EBITDA was $23 million. It cut 250 roles to improve efficiency, but the growth and profit results support a positive read.

LSPD · Lightspeed Commerce

AI read · Good for LSPD

The AI's read

Faster software growth and more use of Lightspeed payments add to the sales increase. Adjusted EBITDA was $23 million. Lightspeed's fiscal 2027 company forecast calls for $1.225 billion to $1.265 billion in sales and $75 million to $95 million in adjusted EBITDA. It cut 250 roles, including 10% of product and tech staff, to improve efficiency and profit.

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