07:49 AM EDT, 03/24/2025 (MT Newswires) -- Lightspeed Commerce ( LSPD ) rose 2.2% at last look Monday in NYSE pre-market trading as the company provided an updated financial outlook for the fiscal year ending March 31, 2025.
The company said it now expects revenue growth of 18%, down from the previous guidance of 20%. Lightspeed cited heightened inflationary pressures, increased job insecurity and weakened consumer confidence that resulted in a decline in same-store sales through February and March to date.
Despite the macroeconomic headwinds, Lightspeed said it continues to expect a fiscal 2025 adjusted EBITDA of more than US$53 million.