Analysts at RBC Capital shared their outlook on Lightspeed Commerce Inc. (NYSE:LSPD) ahead of the company’s Q4 earnings announcement, expected on May 19.
The analysts expect the company to deliver $141 million (vs. Street’s $140 million) in revenue, which represents a 71% year-over-year growth, and $72 million (vs. Street’s $71 million) in gross profit.
According to the analysts, there are 3 key focus areas in Q4 including (1) customer location growth, (2) software monthly ARPU expansion, and (3) payments growth.
Furthermore, the analysts expect the company’s recently launched omni-channel commerce platform, Lightspeed Retail, for all partner merchants, to be a topic of discussion on the conference call.