Toast (NYSE: TOST) reported Q3 EPS of $0.07, $0.07 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.29 billion.

OUTLOOK

For the fourth quarter ending December 31, 2024, Toast expects to report:

Non-GAAP subscription services and financial technology solutions gross profit in the range of $370 million to $380 million (32-35% growth compared to Q4 2023)
Adjusted EBITDA in the range of $90 million to $100 million

For the full year ending December 31, 2024, Toast expects to report:

Non-GAAP subscription services and financial technology solutions gross profit in the range of $1,395 million to $1,405 million (32-33% growth compared to 2023, up from 27-29% growth)
Adjusted EBITDA in the range of $352 million to $362 million (up from $285 million to $305 million)

For earnings history and earnings-related data on Toast (TOST) click here.