MONTREAL — Lightspeed posted an adjusted loss of US$17.6 million, or US$0.12 per share, in line with analysts’ expectations, as it reported results Thursday from its fiscal first quarter. At a time when rising interest rates and high inflation are hurting many tech companies, investors were watching to see Lightspeed’s progress towards breaking even—a goal it has committed to achieving in its next fiscal year.
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.

News
Intellectual Property Ontario aims to make more of discoveries made in province
Briefing
GM, Posco get millions in government funding for EV battery-materials facility in Bécancour
Canadians’ spending falling in major cities like Toronto, Vancouver, Calgary
Clear Finance said to be biggest SVB Canada debtor as loan book deadline looms
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.