Lightspeed reports Q1 adjusted EPS 10c, consensus 7c

Reports Q1 revenue $266.1M, consensus $259.61M. “This was my first full quarter returning as Lightspeed’s CEO and I am thrilled to see the volume of capabilities we are releasing for our customers,” said Dax Dasilva, Founder and CEO. “Lightspeed continues to distinguish itself with advanced inventory management and B2B functionality that we believe no other retail platform can match and in hospitality we are preparing to deliver never-before-seen levels of productivity improvement to streamline restaurant operations.” “Fiscal 2025 is off to a great start with first quarter revenues and Adjusted EBITDA exceeding outlook,” said Asha Bakshani, CFO. “We have spent the last year expanding payments adoption and right-sizing our cost structure and that is reflected in our results today. We are now turning our focus to accelerating growth in our software business so that we can continue to pursue our goal of profitable growth.”