Q: Hi, Could you please comment on LSPD earnings. Thank you
5i Research Answer:
LSPD adjusted EPS was a loss of 1c, versus estimates of a loss of 4c. Revenue rose 20% to $209.1M, also beating estimates of $197.7M. Better than expected revenue growth and higher transaction volume helped the quarter. 2Q and full-year revenue guidance was largely maintained. Cash remains high at $800M. Gross payment volume rose 56%. Subscription revenue rose 7%. We would consider it a good, though not overly eventful, quarter.