financetom
Business
financetom
/
Business
/
Update: Lightspeed Commerce Shares Fall After Fiscal 2025 Outlook Cut
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Lightspeed Commerce Shares Fall After Fiscal 2025 Outlook Cut
Mar 24, 2025 9:33 AM

12:13 PM EDT, 03/24/2025 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.)

Lightspeed Commerce ( LSPD ) shares were down 2.2% in recent Monday trading after it lowered its revenue growth outlook for fiscal 2025 to approximately 18% from previous guidance of approximately 20%.

The company attributed the revised outlook to increased inflationary pressures, job insecurity, and weaker consumer confidence, which it said are hurting consumer discretionary spending.

It also said waning optimism is slowing new business launches, which is impacting its transaction-based and subscription revenue.

Price: 10.40, Change: -0.23, Percent Change: -2.16

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CICC executive sees strategic opportunities for Chinese clients in Vietnam
CICC executive sees strategic opportunities for Chinese clients in Vietnam
Jul 8, 2024
SINGAPORE (Reuters) - China International Capital Corp's head of Southeast Asia and Singapore CEO Stephen Ng has said the bank is seeing more strategic opportunities for Chinese corporate clients in Vietnam. Ng was speaking at the Reuters Next forum in Singapore on Tuesday. To view the live broadcast of the World Stage go to the Reuters NEXT news page: ...
Australia pledges more funds for Pacific banking amid China interest
Australia pledges more funds for Pacific banking amid China interest
Jul 8, 2024
BRISBANE (Reuters) - Australia on Tuesday pledged to boost investments in Pacific Island countries to support their banking systems after global financial firms limit services with them, citing risks, at a time when China is looking to increase its influence in the region. Some Western banks have ended long-term relationships with their counterparts in small nations in the Pacific, while...
Sri Lanka to take few more weeks to wrap up debt restructuring talks
Sri Lanka to take few more weeks to wrap up debt restructuring talks
Jul 8, 2024
SINGAPORE (Reuters) -Sri Lanka will wrap up talks with international bondholders on its restructuring process in a few weeks, Foreign Minister Ali Sabry said on Tuesday, a major step for the island nation to emerge from its worst financial crisis in decades. Hopefully within a couple of weeks, Sabry said in an interview at the Reuters NEXT conference in Singapore, when asked...
PRESS DIGEST-British Business - July 9
PRESS DIGEST-British Business - July 9
Jul 8, 2024
July 9 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Carlsberg has agreed to buy British soft drinks maker Britvic ( BTVCF ) for 3.3 billion pounds ($4.23 billion), a move the Danish brewer said would forge...
Copyright 2023-2026 - www.financetom.com All Rights Reserved