Toast (TOST) shares gain after-hours after raising full-year revenue guidance
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Toast Announces Third Quarter 2022 Financial Results
November 10, 2022 4:05 PM EST
Exceeded $100B in annualized run-rate GPV for the first quarter ever
Third quarter subscription revenue grew 96% year-over-year
Annualized recurring run-rate (ARR) as of September 30, 2022 grew 60% 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 third quarter ended September 30, 2022.
"Toast delivered strong results in the third quarter, surpassing $100 billion in annualized GPV for the first time and driving sustained revenue momentum and continued margin improvement, said Toast CEO, Chris Comparato. We continue to balance efficiency with... More
