Lightspeed Targets Cloud-Based Rivals as Revenues Climb 27%
LSPDLightspeed(LSPD) PYMNTS.com·2024-08-02 01:23

Lightspeed is taking on other cloud-based rivals in the retail space amid strong revenue growth. The point-of-sale (POS) system provider released earnings Thursday (Aug. 1) showing revenues up 27% during the quarter, which also saw the company release new inventory management features for its ICP (ideal customer profile) customers. "Our efforts in retail are focused on widening the mode between ourselves and other cloud based competitors and displacing legacy players currently serving our ICP customers," sa ...