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Toast Q1 2023 Earnings Report

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$38.42 +0.15 (+0.39%)
(As of 03:58 PM ET)

Toast EPS Results

Actual EPS
-$0.16
Consensus EPS
-$0.18
Beat/Miss
Beat by +$0.02
One Year Ago EPS
-$0.20

Toast Revenue Results

Actual Revenue
$819.00 million
Expected Revenue
$763.11 million
Beat/Miss
Beat by +$55.89 million
YoY Revenue Growth
+53.10%

Toast Announcement Details

Quarter
Q1 2023
Time
After Market Closes
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Toast Earnings Headlines

Toast (NYSE:TOST) Receives "Neutral" Rating from DA Davidson
Buffett’s Selling Out: Is Your 401(k) About to Get Wiped Out?
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DA Davidson Downgrades Toast (TOST)
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About Toast

Toast (NYSE:TOST) operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale, such as Toast POS, Toast now, multi-location management, kitchen display system, Toast mobile order and pay, Toast catering and events, Toast invoicing, Toast tables, and restaurant retail; and hardware products, including Toast flex, Toast flex for guest, Toast go 2, Toast tap, kiosks, and Delphi by Toast. It provides toast online ordering and toast takeout, first-party delivery toast delivery services, and third-party delivery integrations and orders hub; and loyalty, email marketing, and toast gift cards. In addition, the company offers payroll and team management, Sling by Toast, Toast pay card and payout, and tips manager, as well as partner-enabled products comprising insurance and benefits; supply chain and accounting products, such as xtraCHEF by toast; and financial technology solutions consisting of payment processing, toast capital, and purchase plans. Further, it offers reporting and analytics, Toast shop, and Toast partner connect and application programming interfaces. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.

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