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Lightspeed Commerce reports a $575.9M loss due to a large non-cash charge, but revenue rises 10%.
Lightspeed Commerce Inc. reported a fourth-quarter loss of $575.9 million, largely due to a non-cash goodwill impairment charge of $556.4 million, despite a 10% revenue increase to $253.4 million from the previous year.
Adjusted earnings per share rose to 10 cents from 6 cents the prior year.
Transaction-based and subscription revenue grew to $157.8 million and $87.9 million, respectively, while hardware and other revenue fell to $7.8 million.
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Lightspeed Commerce informa una pérdida de $575.9 millones debido a un gran cargo no en efectivo, pero los ingresos aumentan un 10%.