Shares of Lightspeed Commerce Inc. (LSPD) plunged 5.13% in pre-market trading Thursday following the release of the company's fourth-quarter financial results, which showed adjusted earnings per share falling short of analyst expectations.
The company reported adjusted earnings of $0.08 per diluted share for the quarter ended March 31, 2026, a decline from $0.10 per share in the same period last year. This result missed the consensus analyst estimate of $0.11 to $0.12 per share, representing a significant earnings miss.
While Lightspeed's revenue of $290.8 million exceeded analyst forecasts and represented a 15% year-over-year increase, investors focused on the earnings shortfall. The company also announced the renewal of its share repurchase program, authorizing the buyback of up to approximately 8.5 million shares.
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