Toast (TOST) Tops Q2 EPS by 1c, Guidance Tops Views

Go back to Toast (TOST) Tops Q2 EPS by 1c, Guidance Tops Views

Toast Announces Second Quarter 2022 Financial Results

August 11, 2022 4:05 PM EDT

Added over 6,000 net new locations for the first quarter ever
Second quarter subscription revenue grew 100% year-over-year
Annualized recurring run-rate (ARR) as of June 30, 2022 grew 59% year-over-year

BOSTON--(BUSINESS WIRE)-- Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the second quarter ended June 30, 2022.

"Toast had another great quarter, sustaining our operating momentum with a record number of net new locations and strong revenue growth, both of which highlight the power of our industry leading digital platform for restaurants. We continue... More