Lightspeed Sees FY23 Adj. EBITDA $(37)M

For the full year of fiscal 2023, Lightspeed now expects an Adjusted EBITDA loss1 of approximately ($37) million, improved from previously-established outlook of approximately ($40) million. The Company now expects annual revenue to come in at the low end of the previously established outlook of $730 – $740 million (or approximately $740 million – $750 million on a constant currency basis1).