Why Lightspeed Commerce Stock Was Winning Big This Week

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.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. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool