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
Australian Dollar rises on upbeat labor market dataThe Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second consecutive day. The AUD/USD pair appreciates as the AUD receives support following the release of improved employment data from Australia.
Author  FXStreet
Yesterday 02: 07
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second consecutive day. The AUD/USD pair appreciates as the AUD receives support following the release of improved employment data from Australia.
placeholder
Gold edges toward $4,200 as shutdown deal fuels aggressive December Fed cut betsGold trades near $4,195 in early Asian dealings, brushing up against the $4,200 mark as hopes for a U.S. shutdown-ending funding bill and a nearly 64% market-implied chance of a December Fed rate cut support XAU/USD, even as a divided Federal Reserve and upcoming policymaker speeches threaten to steady the dollar and cap bullion’s latest advance.
Author  Mitrade
18 hours ago
Gold trades near $4,195 in early Asian dealings, brushing up against the $4,200 mark as hopes for a U.S. shutdown-ending funding bill and a nearly 64% market-implied chance of a December Fed rate cut support XAU/USD, even as a divided Federal Reserve and upcoming policymaker speeches threaten to steady the dollar and cap bullion’s latest advance.
placeholder
Why a Quiet 2025 Signals a Massive 2026 Crypto Bull Run: Bitwise CIO ExplainsBitwise's Matt Hougan Predicts a Crypto Boom in 2026 Amid Current Market Struggles
Author  Mitrade
22 hours ago
Bitwise's Matt Hougan Predicts a Crypto Boom in 2026 Amid Current Market Struggles
placeholder
Gold hits three-week top as dovish Fed bets offset US government reopening optimismGold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday.
Author  FXStreet
20 hours ago
Gold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday.
placeholder
Cisco’s Stock Pops After Smashing Earnings—Thanks to $1.3 Billion in AI OrdersCisco just dropped its latest earnings report—and investors are loving it. The company blew past expectations for both profit and sales in its fiscal first quarter, sparking a more than 7% jump in the stock after Wednesday’s closing bell.
Author  Mitrade
18 hours ago
Cisco just dropped its latest earnings report—and investors are loving it. The company blew past expectations for both profit and sales in its fiscal first quarter, sparking a more than 7% jump in the stock after Wednesday’s closing bell.
goTop
quote