6/5/2023 0 Comments Lightspeed restaurantToner said management is expecting stronger growth over the second half of the calendar year as it rolls out its unified payments platform. Combined with wireless audio integration, Tomcat. The analyst noted that Lightspeed merchants generated $20.2 billion of gross transaction volume (GTV) over the quarter, up ten per cent from a year earlier. Topcat: The all-in-one ceiling mounted speaker system delivers superior audio quality of voice and multimedia. The net loss of $74.5 million was below consensus at $72.9 million. On the just-released quarter, Toner said the Q4 revenue was in-line with his estimate as well as the consensus forecast, while the adjusted EBITDA loss of $4.3 million was a beat of the consensus at negative $7.4 million. For the Q1 2024, the outlook is for revenue of $195-$200 million and an adjusted EBITDA loss of approx. Back Office Lightspeed Restaurant POS (O-Series) Login as another user. Product experts will be offering live demonstrations of features like Advanced Insights, Order Anywhere, Automated Inventory, Lightspeed. Up ahead, management guided for fiscal 2024 revenue of $875-$900 million and for “breakeven or better” adjusted EBITDA. Quick to get started, Lightspeed is easy to use, yet powerful enough to run any type and size of retail and hospitality business. Lightspeed Restaurant will be on display at Booth 6651. To go from nine distinct products to two powerful flagship platforms – Lightspeed Retail and Lightspeed Restaurant – has allowed us to simplify our organization, increase our focus on our target customers and accelerate our innovation engine,” said JP Chauvet, CEO, in a statement. “I’m incredibly proud of the milestones we have accomplished this year. (All figures in US dollars except where noted otherwise.) Montreal-based Lightspeed delivered its fiscal fourth quarter 2023 results on Thursday for the period ended March 31, 2023, with the company showing Q4 revenue up 26 per cent year-over-year to $184.2 million and the revenue for the fiscal year up 26 per cent to $730.5 million.
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