From Nasdaq: 2025-02-19 17:20:00

Toast (NYSE:TOST) reported mixed Q4 2024 earnings, with revenue jumping 29% to $1.34 billion but adjusted EPS falling short at $0.05. The company’s cloud-based platform for restaurants aims to streamline operations and increase efficiency. Despite profitability challenges, Toast added 28,000 new locations, leading to a 25% increase in gross payment volume. Toast projects adjusted EBITDA between $100-110 million for Q1 2025 and plans to accelerate market penetration. Strategic partnerships, like with Uber Technologies, highlight efforts to strengthen its market position and financial health. Investors should monitor Toast’s strategic expansions for long-term profitability.



Read more at Nasdaq: Toast: Q4 Revenue Beats, EPS Misses