Lightspeed Commerce Reports Q2 2027 Revenue Growth and Improved Net Loss
Lightspeed Commerce Inc. (LSPD) reported second-quarter results for fiscal year 2027, highlighted by a 15% organic increase in total revenue to $323.8 million. The company saw significant growth in transaction-based revenue, which rose 17% organically due to increased adoption of payment solutions, and Gross Payment Volume (GPV) grew 19% to $11.6 billion. Financial health showed marked improvement as the net loss narrowed significantly to $4.2 million ($0.03 per share) compared to a $32.7 million loss in the prior year. The company also achieved positive adjusted free cash flow of $4 million, up from negative $4.5 million in the previous quarter. Management is focusing on high-margin market segments and operational efficiency through headcount reductions and strategic shifts toward higher-value customers.
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Topics: Financial Services Expansion Net Loss Improvement Revenue Growth Software Revenue Transaction-Based Revenue
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