TSX:LSPDSoftware
Is Lightspeed’s Upserve Sale And Higher Guidance Altering The Investment Case For Lightspeed Commerce (TSX:LSPD)?
Lightspeed Commerce Inc. recently sold its non-core Upserve U.S. hospitality product line to Skyview Equity for up to US$81 million, while indicating that fiscal 2026 revenue will come in ahead of its prior outlook despite the associated reduction in reported revenue and gross profit from the divested operations.
By exiting a lower-priority U.S. hospitality segment yet retaining Upserve’s analytics technology and raising revenue guidance, Lightspeed is signalling a tighter focus on its core...