News Summary

Montréal-based Lightspeed Commerce has revised its revenue outlook for the 2025 fiscal year, citing deteriorating macroeconomic conditions. The company now anticipates approximately 18% year-over-year revenue growth, down from an earlier projection of about 20%. Factors influencing this adjustment include heightened inflationary pressures, increased job insecurity, and weakened consumer confidence, all of which have led to a decline in same-store sales and dampened new business formation. Despite these challenges, Lightspeed remains committed to its transformation plan and will provide further details during its upcoming Capital Markets Day. The company, which opted to remain publicly traded after a strategic review, continues to focus on supporting its customers through changing economic conditions.