The Globe and Mail reports in its Friday, Aug. 2, edition that Lightspeed Commerce aims to accelerate customer and subscription growth in the second half of its fiscal year after exceeding first quarter expectations. The Globe's Sean Silcoff writes that revenue in the quarter ended June 30 was$266.1-million, up 27 per cent year-over-year on stronger-than-expected contributions from its payments business (all figures U.S.). That was ahead of the company's prediction in May that it would book $255-million to $260-million of revenue. Adjusted earnings before interest, taxes, depreciation and amortization were $10.2-million, ahead of the $7-million Lightspeed had forecast. It had an adjusted EBITDA loss of $7-million in the same period last year. Adjusted EBITDA considers such factors as share-based compensation and is not a recognized accounting standard, but is a metric analysts follow closely. It was the company's fourth straight quarter of positive adjusted EBITDA. Lightspeed posted a net loss of $35-million, after losing $48.7-million a year earlier. Looking ahead, Lightspeed forecast Thursday revenue of $270-million to $275-million and $12-million in adjusted EBITDA in the second quarter.