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
Bitcoin Pauses for Breath Above $92,000 as Bulls Weigh Next Run at $95,000Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
Author  Mitrade
Dec 05, Fri
Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
placeholder
Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cutGold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
Author  FXStreet
Yesterday 02: 04
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday. 
placeholder
Bitcoin Active Addresses Retreat as Wall Street ETFs Cannibalize Retail FlowAs institutional inflows into Bitcoin ETFs accelerate, active on-chain addresses are sliding, signaling a shift where investors prefer Wall Street wrappers over self-custody.
Author  Mitrade
Yesterday 06: 30
As institutional inflows into Bitcoin ETFs accelerate, active on-chain addresses are sliding, signaling a shift where investors prefer Wall Street wrappers over self-custody.
placeholder
With a New $962M Buy, MicroStrategy’s Bitcoin Treasury Climbs Past 660,000 BTCMichael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
Author  Mitrade
23 hours ago
Michael Saylor and Strategy are heavily investing in Bitcoin, adding 10,624 more BTC to their already significant holdings, despite a tough year for their stock.
placeholder
Silver Price Forecast: XAG/USD refreshes record high, looks to build on move beyond $61.00Silver (XAG/USD) enters a bullish consolidation phase during the Asian session and oscillates in a narrow range near the all-time peak, around the $61.00 neighborhood, touched this Wednesday.
Author  FXStreet
6 hours ago
Silver (XAG/USD) enters a bullish consolidation phase during the Asian session and oscillates in a narrow range near the all-time peak, around the $61.00 neighborhood, touched this Wednesday.
goTop
quote