Lightspeed Commerce (TSE:LSPD) Releases Quarterly Earnings Results

Lightspeed Commerce (TSE:LSPD) announced its quarterly earnings results on Thursday. The company reported C$0.19 earnings per share for the quarter, reports. Lightspeed Commerce had a negative net margin of 11.77% and a negative return on equity of 9.57%.

Lightspeed Commerce Stock Down 13.2%

LSPD stock traded down C$2.04 during trading on Thursday, hitting C$13.43. 1,506,499 shares of the company’s stock traded hands, compared to its average volume of 741,060. The firm has a market capitalization of C$1.76 billion, a P/E ratio of -12.91 and a beta of 1.83. Lightspeed Commerce has a 1 year low of C$10.80 and a 1 year high of C$19.89. The company has a quick ratio of 6.05, a current ratio of 4.16 and a debt-to-equity ratio of 1.36. The business has a fifty day simple moving average of C$13.79 and a two-hundred day simple moving average of C$13.38.

Lightspeed Commerce Company Profile

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail, golf and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations. With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network.