Update: Lightspeed Commerce Shares Fall After Fiscal 2025 Outlook Cut

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Update: Lightspeed Commerce Shares Fall After Fiscal 2025 Outlook Cut

, MT Newswires - 12:13 PM ET 3/24/2025 default

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

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