James Burns's questions to Lightspeed Commerce Inc (LSPD) leadership • Q1 2025
Question
James Burns, on for Richard Tse, asked about the competitive environment, win rates in retail and restaurants, and capital allocation priorities after recent buybacks.
Answer
CEO Dax Dasilva cited a focused, deep product for ICPs as a key competitive advantage. President JD Saint-Martin noted overall close rates are 32-33%, rising to 45-50% in key subverticals. CFO Asha Bakshani stated the company will be 'opportunistic' with its share repurchase program, which authorizes up to $140 million in buybacks.