FinanceBetaKitabout 1 hour ago
Lightspeed Earnings Beat, Stock Plummets
2 min read
Montréal retail technology firm Lightspeed Commerce met its earnings outlook for fiscal Q2, generating nearly $324 million USD in revenue. However, the stock dropped nearly 15 percent on the Toronto Stock Exchange after posting a net loss of $4.2 million USD. This decline erased all gains so far this year as investors reacted unfavorably to the results.
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