Why Lightspeed Commerce Stock Was Winning Big This Week

Source The Motley Fool

According to data compiled by S&P Global Market Intelligence, retail-oriented fintech Lightspeed Commerce (NYSE: LSPD) was ringing it up on the stock market -- its shares had booked a more than 13% gain week to date as of early Friday. This followed news that the point-of-sale solutions developer had dropped quarterly results that featured beats on both the top and bottom lines.

Illuminating the latest quarter's performance

Prior to the stock market's open on Thursday, Lightspeed shed light on its fiscal second quarter of 2025, ended Sept. 30, 2024, with an official earnings release. This revealed that the specialized fintech earned total revenue of just over $277 million, for growth of 20% year over year. Better, the company managed to more than triple its non-GAAP (adjusted) net income across that stretch of time, to $19.9 million, or $0.13 per share.

Both of those headline figures edged past the average analyst estimates. Collectively, the pundits following the stock were anticipating a bit over $274 million for revenue, and a per-share, adjusted earnings figure of $0.11.

Lightspeed didn't hesitate to mention in its earnings release that on a trailing-12-month basis, it has exceeded $1 billion in revenue. It detailed a set of new product releases during the quarter and wrote of its "rapid pace of product innovation;" both helped boost the company's top line.

EBITDA guidance raised

In proffering both third-quarter and full fiscal-year 2025 guidance, Lightspeed forecast that the growth train would continue to rumble on. In the latter period it believes revenue growth will match that of the third quarter with a 20% improvement. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) should hit at least $50 million. This was an upgrade from the previous guidance of $45 million at minimum.

Lightspeed feels like the right kind of company at the right time, providing cutting-edge (and, importantly, useful) solutions to the retail and hospitality sectors, two of its favorite markets. This is a tough and competitive field, which makes the recent performance especially impressive.

Should you invest $1,000 in Lightspeed Commerce right now?

Before you buy stock in Lightspeed Commerce, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Lightspeed Commerce wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $892,313!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of November 4, 2024

Eric Volkman has no position in any of the stocks mentioned. The Motley Fool recommends Lightspeed Commerce. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP Look for a Foothold After a Sharp ShakeoutBitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
Author  Mitrade
Nov 19, Wed
Bitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
placeholder
Even As Bitcoin's Price Falls, Michael Saylor Feels 'Indestructible'The price of Bitcoin dipped below $89,000, setting a new weekly low as corporate buyer Strategy remains bullish.
Author  Mitrade
Yesterday 03: 08
The price of Bitcoin dipped below $89,000, setting a new weekly low as corporate buyer Strategy remains bullish.
placeholder
Could XRP Really Catch Ethereum? Analysts Revisit the Question as ETF Tailwinds BuildAs US spot XRP ETFs roll out and issuers like Canary Capital and Franklin Templeton step in, analysts say XRP’s market cap could climb on growing utility and ETF accumulation—but overtaking Ethereum’s $373 billion smart-contract powerhouse remains a long-shot, at least for now.
Author  Mitrade
Yesterday 03: 28
As US spot XRP ETFs roll out and issuers like Canary Capital and Franklin Templeton step in, analysts say XRP’s market cap could climb on growing utility and ETF accumulation—but overtaking Ethereum’s $373 billion smart-contract powerhouse remains a long-shot, at least for now.
placeholder
Bitcoin's Drop to $86K Approaches 'Max Pain' Zone, Yet Presents Potential Buying OpportunityAnalysts identify the $84,000 to $73,000 range as Bitcoin's likely "max pain" territory where capitulation may occur.
Author  Mitrade
2 hours ago
Analysts identify the $84,000 to $73,000 range as Bitcoin's likely "max pain" territory where capitulation may occur.
placeholder
Market Meltdown: BTC, ETH, and XRP Capitulate as Bears Seize ControlBitcoin trades around $85,900 after breaking below $86,000, with Ethereum under $2,791 and XRP below $1.99 as BTC, ETH and XRP extend weekly losses of 8–10%, forcing traders to focus on supports at $85,000, $2,749 and $1.77 for clues on whether this sell-off has further to run.
Author  Mitrade
2 hours ago
Bitcoin trades around $85,900 after breaking below $86,000, with Ethereum under $2,791 and XRP below $1.99 as BTC, ETH and XRP extend weekly losses of 8–10%, forcing traders to focus on supports at $85,000, $2,749 and $1.77 for clues on whether this sell-off has further to run.
goTop
quote