Why Lightspeed Commerce Stock Dropped Today
The e-commerce software company fell despite beating expectations with its latest quarter.
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The e-commerce software company fell despite beating expectations with its latest quarter.
Though Montréal-based Lightspeed Commerce beat its previous revenue and loss-cutting forecasts during the fiscal third quarter, investors were not impressed.
Lightspeed Commerce Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 239.7 million compared to...
After a weak start and a subsequent sharp fall Thursday morning, the Canadian market recovered slowly as the day progressed, but still ended the session on a negative note as losses in communications and utilities sectors offset gains in energy, technology and realty sections.
Inside the Market’s roundup of some of today’s key analyst actions