The Latest Breaking News from Lightspeed Commerce Inc

The shares of Lightspeed Commerce (LSPD) have plunged 77.8% over the past year over several macroeconomic headwinds that continue to weigh on the stock’s performance. So, let’s evaluate if it is worth buying the stock at the current level? Read on.

Lightspeed Commerce Inc (NYSE:LSPD) (TSX:LSPD) reported fourth-quarter FY22 revenue growth of 78% year-over-year to $146.6 million. Subscription and transaction-based revenue grew 82% Y/Y to $137.3 million. Organic growth in subscription and transaction-based revenues was 48% Y/Y. Subscription revenue increased 77% Y/Y to $70.5 million, aided by recent acquisitions, a growing Customer Location base,…