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

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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