Toast (TOST) Misses Q1 EPS by 1c
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Toast Announces First Quarter 2024 Financial Results
May 7, 2024 4:06 PM EDTAdded over 6,000 net new Locations in first quarter 2024
Annualized recurring run-rate (ARR) as of March 31, 2024 grew 32% to $1.3 billion
First quarter net loss was $(83) million and Adjusted EBITDA was $57 million
BOSTON--(BUSINESS WIRE)-- Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the first quarter ended March 31, 2024.
Toast is off to a strong start in 2024. Our first quarter results demonstrate strong topline growth and margin expansion that we will continue to build on throughout the year. We executed... More
