Lightspeed Commerce Stock Drops 4% On Lowered Revenue Outlook

(RTTNews) - Lightspeed Commerce Inc. (LSPD) is trading at $10.11, down 4.14 percent or $0.40 during Monday's trading, after the company revised its fiscal 2025 revenue outlook to reflect approximately 18 percent year-over-year growth, down from the previously expected 20 percent.

The stock opened at $10.74 and has traded between $10.02 and $10.81 so far, compared to a previous close of $10.63 on the New York Stock Exchange. Trading volume stands at 1.19 million shares, above the average of 846,375. The stock's 52-week range is $10.02 to $18.96.

The revision is attributed to macroeconomic headwinds impacting transaction-based revenue, though Lightspeed reaffirmed its adjusted EBITDA forecast of over $53 million.