Lightspeed Commerce Inc. (NYSE:LSPD) reported mixed results for the fourth quarter on Thursday and offered first-quarter revenue guidance that aligned with analyst expectations.
Following the earnings announcement, the company’s stock remained flat in after-hours trading.
Lightspeed, a commerce platform provider, posted adjusted earnings per share of $0.10, just shy of analyst forecasts by a penny. Revenue totaled $253.4 million, slightly surpassing the consensus estimate of $252.37 million and marking a 10% increase compared to the same period last year.
For the upcoming first quarter, Lightspeed projects revenue between $285 million and $290 million, close to the analyst estimate of $284.5 million.
The company reported total gross transaction volume (GTV) of $20.6 billion in Q4, reflecting a small decline of 0.2% year-over-year. However, gross payment volume (GPV) rose significantly by 19% to $7.9 billion.
CEO Dax Dasilva said, “Fiscal 2025 was a transformative year for Lightspeed: we delivered revenue growth of 18% with annual revenue exceeding $1 billion for the first time.”
Lightspeed ended the quarter holding $558.5 million in cash and cash equivalents.