Q: What is your take on LSPD's latest quarter? Thanks
5i Research Answer:
EPS beat estimates of 7c coming in at 10c. Revenue also beat estimates of $258.58M coming in at $266.09M displaying growth of 27% year-over-year. Transaction-based revenue was $174.1M, an increase of 44% year-over-year. Subscription revenue was $83.3M, an increase of 6% year-over-year. This was a solid quarter for LSPD and we like to see the the company driving growth. Profitability will continue to be in focus, and while the company was Adjusted EBITDA positive, we want to see further operating margin expansion going forward.