Toast (NYSE:TOST) Reports Bullish Q3 But Stock Drops
Restaurant software platform Toast (NYSE:TOST) beat analyst expectations in Q3 FY2021 quarter, with revenue up 105% year on year to $486.3 million. Guidance for next quarter's revenue was surprisingly good, being $480 million at the midpoint, 7.27% above what analysts were expecting. Toast made a GAAP loss of $252.4 million, down on its loss of $62.6 million, in the same quarter last year. ... Continue Reading
Jabin Bastian 2021/11/09 10:15pm
Restaurant software platform Toast (NYSE:TOST) beat analyst expectations in Q3 FY2021 quarter, with revenue up 105% year on year to $486.3 million. Guidance for next quarter's revenue was surprisingly good, being $480 million at the midpoint, 7.27% above what analysts were expecting. Toast made a GAAP loss of $252.4 million, down on its loss of $62.6 million, in the same quarter last year. ... Continue Reading