Business · Companies · 6 hrs ago
Lightspeed reports US$4.2-million quarterly loss as shares fall
Montreal-based Lightspeed Commerce reported its second-quarter results for the three months ending Sept.
30.
The retail and hospitality technology company had US$323.8 million in revenue, up from US$319 million a year earlier.
Its net loss narrowed to US$4.2 million from US$32.7 million in the same quarter last year.
Lightspeed said revenue grew 15 percent organically, a measure it considers more representative after selling part of its US hospitality business in April 2026.
Sales in its priority markets—retail in North America and hospitality in Europe—rose 17 percent.
Investors sent the company’s shares down nearly 15 percent on the Toronto Stock Exchange, despite the narrower loss and higher revenue.
Lightspeed says it is focusing on those priority markets and aims to turn growth into sustained profitability and cash generation.
Lightspeed Commerce reported US$323.8 million in revenue for its fiscal second quarter, up from US$319 million a year earlier.
The Montréal-based company posted a net loss of US$4.2 million, compared with a US$32.7 million loss in the same quarter last year.
Lightspeed said it earned 17 cents US per share on an adjusted basis, compared with 16 cents a year earlier.
The company’s shares fell nearly 15 percent on the day on the Toronto Stock Exchange.
Lightspeed cited 15 percent year-over-year organic revenue growth as a more representative measure after its divestiture of Upserve’s US hospitality line.
- Who
- Lightspeed Commerce Inc., a Montréal-based retail technology company.
- What
- It reported fiscal second-quarter revenue of US$323.8 million and a net loss of US$4.2 million.
- When
- The quarter ended Sept. 30, 2026. Results were reported on Nov. 5, 2026.
- Where
- Montréal, Canada; the company’s shares trade on the Toronto Stock Exchange.
- Why
- The sources report the company’s quarterly financial results. They do not state a specific reason for the loss.
This story does not have two clearly opposing sides.
Lightspeed divested Upserve’s US hospitality line to Skyview Equity.
Lightspeed’s second fiscal quarter ended.
Lightspeed reported its second-quarter results.
Lightspeed shares fell nearly 15 percent on the Toronto Stock Exchange.
- Quarterly revenue
- US$323.8 million
- Net loss
- US$4.2 million
- Adjusted earnings
- 17 cents US per share
- Revenue a year earlier
- US$319 million
- Net loss a year earlier
- US$32.7 million
- Share movement
- Nearly 15 percent decline on the Toronto Stock Exchange
3 sources
What people are saying
translating that growth into sustained profitability and cash generation.