Lightspeed stock falls after company unveils staff cuts in bid to boost profit [Yahoo! Finance Canada]
Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
Company Research
Source: Yahoo! Finance Canada
vendor announced it will cut about 200 workers in pursuit of profitable growth. Chief executive officer Dax Dasilva says the move builds upon priorities set out on Lightspeed's Nov. 7 earnings call. The Montreal-based company warned investors on Monday to expect restructuring charges in its upcoming financial results for the fiscal third quarter of 2025. "The resulting savings [are] being redeployed across other areas of Lightspeed's business," the company said on Monday. Lightspeed did not detail which employees or business segments will be impacted. Toronto-listed shares fell as much as 6 per cent in early trading. The stock is down about five per cent year-to-date. Lightspeed Commerce Inc. (LSPD.TO) "Since I returned as CEO, Lightspeed has been working harder to deliver on its profitable growth strategy,” Dasilva stated in a news release . “Today's announcement reaffirms our commitment to building an organization that can fulfil its true potential." "Lightspeed is focused
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- Lightspeed Commerce Inc. (LSPD) Stock Moves -0.2%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Lightspeed Commerce Inc. (LSPD) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Lightspeed Commerce Inc. (LSPD) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Do Options Traders Know Something About Lightspeed Commerce (LSPD) Stock We Don't? [Yahoo! Finance]Yahoo! Finance
- 2 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not [Yahoo! Finance Canada]Yahoo! Finance Canada
LSPD
Sec Filings
- 12/9/24 - Form 144
- 12/2/24 - Form 6-K
- 11/29/24 - Form 6-K
- LSPD's page on the SEC website