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  "documentTitle": "Lightspeed Commerce, Inc. (LSPD)",
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      "text": "Looking carefully at the Company's financial reporting language, it says \"we renegotiated certain contracts with payments processors\", which contradicts the prior statement of the CFO who said just one contract with one partner.",
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      "text": "Included in transaction revenues was the impact of a newly negotiated contract with our payments partner at Upserve and ShopKeep. This new contract did two things...",
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      "text": "Our commitments increased from those disclosed in our audited annual consolidated financial statements for the year ended March 31, 2021. We renegotiated two commitments with cloud service providers... We renegotiated certain contracts with payments processors...",
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      "text": "\"Included in transaction revenues was the impact of a newly negotiated contract with our payments partner at Upserve and ShopKeep. This new contract did two things, provide us with better economics than the businesses who are achieving on their own and also brought us better control over the end customer relationships. As a result of this, we were able to realize an uplift in revenue of approximately $7 million in the quarter and greater gross margins as well. This is a great new story that reflective of how our scale has improved our negotiating power. But it's worthwhile noting that even without this, our revenue performance for the quarter handily beat our previous guidance of $68 million to $70 million.\" — CFO Nussey, Q4 and FY 2021 Conf Call",
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