Lightspeed Commerce Inc. provided an update on its financial outlook for the fiscal year ending March 31, 2025. The company revised its Fiscal 2025 revenue outlook to reflect year-over-year growth of approximately 18%, down from the previously expected 20%.
This revision is attributed to a deterioration in macroeconomic conditions, including heightened inflationary pressures, increased job insecurity, and weakened consumer confidence. These factors have impacted discretionary spending, leading to a decline in same-store sales through February and March.
Despite the macroeconomic headwinds affecting transaction-based and subscription revenue, Lightspeed reaffirmed its expectation for Fiscal 2025 Adjusted EBITDA to be over $53 million. The company stated it remains focused on profitable growth and proactive cost management.
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