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
Gold ends three-week slide at the $4,400 line — eight straight days of ETF inflows vs a 5% 10-year and a 100 dollarSpot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
Author  Suzie
Sep 20, Sun
Spot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
placeholder
WTI (USOIL) Is down 2.13% on Sep 22: What Is Driving the Move?WTI (USOIL) is down 2.13% at Sep 22 05:55(ET), now at $89.999, with a 7-day down of 12.84%.What is driving WTI (USOIL)’s stock price down today?The retreat in US crude oil benchmark prices was primari
Author  TradingKey
Sep 22, Tue
WTI (USOIL) is down 2.13% at Sep 22 05:55(ET), now at $89.999, with a 7-day down of 12.84%.What is driving WTI (USOIL)’s stock price down today?The retreat in US crude oil benchmark prices was primari
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
Yesterday 06: 22
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
Memory chips surge, Nasdaq notches a second straight record close — why the Dow fell 185 points anywayMicron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
Author  Irene Q.
Yesterday 06: 51
Micron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
placeholder
Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining tractionGold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
Author  FXStreet
21 hours ago
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
goTop
quote