Toast Inc. (TOST) PT Raised to $19 at Wells Fargo

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Go back to Toast Inc. (TOST) PT Raised to $19 at Wells Fargo

Toast Announces First Quarter 2024 Financial Results

May 7, 2024 4:06 PM EDT

Added 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