Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. ![]() Backtested performance is not an indicator of future actual results. Lightspeed’s average price forecast of $29.77 implies 103.75% upside potential.ĭisclaimer: The TipRanks Smart Score performance is based on backtested results. Is LSPD a Good Stock to Buy?Īs per TipRanks, analysts are cautiously optimistic about the Lightspeed stock and have a Moderate Buy consensus rating, based on eight Buys, one Hold, and one Sell. The targets are supported by growing subscription and transaction-based revenue witnessed during the quarter. However, the company remains confident that it will be able to achieve breakeven adjusted EBITDA for the fiscal year ending March 31, 2024. Q3 revenue, at constant currency, is expected to range between $189 – $194 million, lower than the consensus expectations of $196 million. Full-year total revenue, at constant currency, is expected to range between $740 – $750 million, which is lower than the prior outlook of $740 – $760 million. The revenue growth reflects a 56% growth in transaction-based revenue as well as a 25% growth in subscription revenue.īased on the uncertain macroeconomic environment and currency effect, management reduced the guidance range for FY2022. Revenues jumped 37.9% year-over-year to $183.7 million and exceeded consensus estimates of $182.3 million. ![]() It was also better compared to a loss of $0.08 per share in the prior-year period. The company reported an adjusted loss of $0.05 per share, which was better than the consensus estimate of a loss of $0.07 per share. Investors were disappointed as the company lowered its annual revenue outlook, citing macroeconomic and currency headwinds.īased in Canada, Lightspeed Commerce provides an omnichannel, commerce-enabling, SaaS platform to help merchants manage their operations, accept payments, and grow their businesses. Shares of Lightspeed Commerce ( NYSE:LSPD) ( TSE:LSPD) fell over 18% on November 3 after the company reported Fiscal Q2 results.
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