Toast Inc Stock Price, News & Analysis

Toast (NYSE: TOST) will release its fourth quarter and full year financial results for the period ending December 31, 2022 on Thursday, February 16, 2023, before the market opens. A conference call is scheduled for 8:30 a.m. Eastern Time the same day to discuss the results. Investors can access the results and join the conference call via the Toast investor relations website. As a cloud-based platform, Toast provides comprehensive solutions for the restaurant sector, enhancing operational efficiency and revenue generation.

Toast (NYSE: TOST), a comprehensive digital platform tailored for restaurants, will present at the Credit Suisse 26th Annual Technology Conference on November 30, 2022, at 11:40am MT in Scottsdale, AZ. The presentation will be accessible via a webcast on Toast's Investor Relations website, allowing stakeholders to learn more about the company's offerings and strategies. Toast specializes in providing SaaS products and financial solutions to enhance restaurant operations across various services, ensuring improved revenue and guest experiences.

Toast (NYSE: TOST) reported its Q3 2022 financial results, marking a milestone with over $100 billion in annualized Gross Payment Volume (GPV) for the first time. Key highlights include a 96% year-over-year growth in subscription revenue and a 60% increase in Annualized Recurring Revenue (ARR), reaching $868 million. Total revenue for Q3 was $752 million, growing 55% year-over-year, alongside an 82% rise in gross profit to $151 million. The company expects Q4 revenue between $730 million and $760 million and improved full-year projections for revenue and adjusted EBITDA.

Toast (NYSE: TOST) will release its financial results for Q3 2022 on November 10, 2022, after U.S. market close. A conference call is scheduled for 5:00 p.m. ET on the same day to discuss these results. Investors can access the financial report and call link on Toast's investor relations website. Toast provides an all-in-one digital technology platform catering to the restaurant industry, offering SaaS solutions for operations, digital ordering, marketing, and team management.

Toast Launches Toast Invoicing, a new product designed to help restaurants manage catering and wholesale orders along with their traditional business. Offered at no additional cost to current customers, the tool streamlines invoice management and payments, integrating seamlessly with existing operations. According to Toast’s survey, 72% of restaurants provide catering services, indicating a significant market need. The new invoicing feature allows for easy itemization, online payment options, and improved order tracking, enhancing operational efficiency.

Toast (NYSE: TOST) announced its management team's presentation at the Goldman Sachs Communacopia + Technology Conference in San Francisco, CA on September 13, 2022 at 9:15am PT. The presentation will be available via webcast on Toast's Investor Relations website. Toast is a cloud-based digital technology platform designed for restaurants, offering software and financial solutions to enhance operations, digital ordering, marketing, and team management, making it an all-in-one solution for the restaurant community.

Toast (NYSE: TOST) reported strong financial results for Q2 2022, with revenue growing 58% year-over-year to $675 million and a 59% year-over-year increase in Annualized Recurring Run-Rate (ARR), reaching $787 million. The company added over 6,000 net new locations, totaling approximately 68,000, marking a 40% increase. However, Toast reported a net loss of $54 million compared to $135 million in the prior year, with adjusted EBITDA of $(33) million. Looking ahead, Toast expects Q3 revenue between $700-$730 million and full-year revenue projections raised to $2.62-$2.66 billion.

Toast (NYSE: TOST) will announce its financial results for Q2 2022 ending June 30, 2022, on August 11, 2022, after U.S. market close. A conference call is scheduled for 5:00 p.m. ET on the same day to discuss these results. The financial release and call details will be available on Toast's investor relations website. Toast is a digital technology platform for restaurants, offering a comprehensive suite of software and financial solutions to enhance operations and customer experience.

Toast (NYSE: TOST) has acquired Sling, an employee scheduling and management solution, to enhance its team management offerings for restaurants. Sling's features, including scheduling templates and in-app messaging, aim to improve labor cost management and employee satisfaction. This acquisition builds on a partnership established in April 2021 and further empowers Toast's services for approximately 11 million restaurant employees in the U.S. The integration is expected to streamline communication and operational efficiency within the restaurant industry.