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0.0196236559139784 0.0577956989247311 0.0779569892473118 0.0591397849462364 0.0766129032258065 0.0567204301075269 0.00215053763440856 0.0134408602150538
Stock impact report

Toast Announces Third Quarter 2024 Financial Results

Toast, Inc. (TOST) 
Company Research Source: Business Wire
Added approximately 7,000 net new Locations in third quarter 2024Annualized recurring run-rate (ARR) as of September 30, 2024 grew 28% to $1.6 billionNet income was $56 million and Adjusted EBITDA was $113 million in third quarter BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the third quarter ended September 30, 2024.“Toast delivered a strong third quarter, adding approximately 7,000 net new locations, growing our recurring gross profit streams1 35%, and achieving Adjusted EBITDA of $113 million. We are well positioned to finish out the year strong and carry this momentum into 2025. Our differentiated vertical software platform is at the foundation of that success, and we continue to innovate to deliver more value to our customers: this fall we launched new products like Branded Mobile App and SMS Marketing alongside over a dozen feature updates,” said Toast CEO and Co-Founder Ama Show less Read more
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