The Globe and Mail reports in its Friday edition that Lightspeed Commerce posted a narrowed net loss of $74.5-million in its latest quarter, as it issued an outlook that "reflects caution on the near-term results given the economic climate (all figures U.S.)." The Globe's Temur Durrani writes that Lightspeed said its revenue grew to $184.2-million for the fourth fiscal quarter ended March 31, attributing the year-over-year increase of 26 per cent to growth in subscription and transaction-based revenue. In the quarter a year earlier, Lightspeed posted a loss of $114.5-million and revenue of $146.6-million. The company's stock has collapsed by more than 80 per cent over the past year, amid inflation and higher interest rates. In issuing its financial outlook, Lightspeed cited "changes in consumer spending impacting several of Lightspeed's retail verticals." Lightspeed said it expects revenue growth to build during the year, and is targeting "break even or better" adjusted earnings before interest, taxes, depreciation and amortization for fiscal 2024, but expects a loss of about $10-million on that basis for the first fiscal quarter. Lightspeed reported $800.2-million of cash and equivalents as of March 31.