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Lightspeed Announces Second Quarter 2024 Financial Results and Raises Outlook for Fiscal 2024

Newswire.ca - Thu Nov 2, 2023

Total revenue of $230.3 million grew 25% year-over-year
Net loss improved by 47% year-over-year with positive Adjusted EBITDA in the quarter
GPV was $5.9 billion, an increase of 59%, year-over-year and GTV was $23.5 billion
ARPU1 of approximately $425 increased 26% year-over-year

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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