Toast Shares Rise After Combined This autumn Report: EPS Misses, Revenues Beat – Toast (NYSE:TOST)

Toast, Inc. TOST reported its fourth-quarter outcomes after Wednesday’s closing bell. This is a take a look at the particulars from the report. 

The Particulars: Toast reported quarterly earnings of 5 cents per share which missed the analyst consensus estimate of seven cents. Quarterly income got here in at $1.34 billion which beat the analyst consensus estimate of $1.31 billion and is a rise over income of $1.04 billion from the identical interval final yr.

The corporate mentioned it added 28,000 internet areas in 2024, ending the yr with roughly 134,000 areas and its annualized recurring run-rate (ARR) elevated 34% to over $1.6 billion as of Dec. 31, 2024. Gross Fee Quantity (GPV) elevated 25% year-over-year to $42.2 billion within the fourth quarter.

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“Toast had a robust near 2024, capping off a transformational yr the place we added a file 28,000 internet areas, grew our recurring gross revenue streams 34%, delivered Adjusted EBITDA of $373 million, and achieved our first yr of GAAP profitability,” mentioned Toast CEO Aman Narang. 

TOST Worth Motion: In response to information from Benzinga Professional, Toast shares are up 0.15% after hours at $40.05 Wednesday.  

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