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Payments tech company Lightspeed Commerce conducting strategic review of business

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Lightspeed Commerce Inc. says it is conducting a review of its business and operations including talks relating to a range of potential strategic alternatives.

September 26, 2024 at 8:47AM EDTMONTREAL — Lightspeed Commerce Inc. is conducting a review of its business and operations including talks relating to a range of potential strategic alternatives.

Lightspeed shares on the Toronto Stock Exchange were up modestly on Thursday after jumping roughly 12 per cent midday Wednesday. Company founder Dax Dasilva returned to the role of chief executive officer earlier this year and has been working to return the company to profitability.

 

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