Lightspeed Commerce a Canadian payment-tech firm that reduced staff by 10 per cent last month, posted a larger-than-expected US$814.8 million loss after writing down the value of firms it acquired before the technology market slumped.
Lightspeed Commerce Inc., a Canadian payment-tech firm that reduced staff by 10 per cent last month, posted a larger-than-expected US$814.8 million loss after writing down the value of firms it acquired before the technology market slumped.
Lightspeed maintained its guidance that its earnings before interest, taxes, depreciation and amortization would break even or turn positive in fiscal year 2024.
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