Toast Announces Second Quarter 2022 Financial Results
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Go back to Toast Announces Second Quarter 2022 Financial Results
August 12, 2022 10:26 AM EDT
Toast (NYSE: TOST) shares rallied Friday morning, hitting a high of $21.76 per share after the company reported earnings for its second quarter, topping profit and revenue estimates.
The company, which posted the earnings after the close Thursday, revealed a Q2 loss per share of $0.11, $0.01 better than the analyst estimate for a loss of $0.12 per share. Revenue for the quarter came in at $675 million versus the consensus estimate of $651.28 million.
Annualized recurring run-rate (ARR) was $787 million, up 59% year-over-year, while Gross Payment Volume (GPV) increased 62% to $23.3... More
August 11, 2022 4:11 PM EDT
Toast (NYSE: TOST) reported Q2 EPS of ($0.11), $0.01 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $675 million versus the consensus estimate of $651.28 million.
GUIDANCE:
Toast sees Q3 2022 revenue of $700-730 million, versus the consensus of $665... More
