MONTREAL — Lightspeed Commerce Inc. reported a loss of US$4.2 million in its latest quarter compared with a loss of US$32.7 million a year ago. The Montreal-based company, which reports its results in U.S. dollars, says the loss amounted to three cents US per diluted share for the quarter ended Sept. 30 compared with a loss of 24 cents US per diluted share a year earlier. On an adjusted basis, Lightspeed says it earned 17 cents US per share in its latest quarter compared with an adjusted profit of 16 cents US share a year ago. Revenue for what was the company’s second quarter totalled US$323.8 million, up from US$319 million in the same quarter last year. Subscription revenue for the quarter totalled US$97.8 million, up from US$93.5 million a year ago, while transaction-based revenue amounted to US$213.9 million, down from US$215.8 million in the same quarter last year. Hardware and other revenue was US$12.2 million, up from US$9.7 million. --- This report by The Canadian Press was first published Nov. 5, 2026.
