Hauptdiskussion WKN: A3C3Y4 ISIN: US8887871080 Kürzel: TOST Forum: Aktien User: Till123

$TOST Earnings: - Added over 6,000 net new Locations in first quarter 2024 - Annualized recurring run-rate (ARR) as of March 31, 2024 grew 32% to $1.3 billion - First quarter net loss was $(83) million and Adjusted EBITDA was $57 million - “Toast is off to a strong start in 2024. Our first quarter results demonstrate strong topline growth and margin expansion that we will continue to build on throughout the year. We executed well against our priorities: scaling restaurant locations; driving ARR by delivering products customers love; continuing to expand our addressable market; and building operating leverage as we scale,” said Toast CEO and Co-Founder Aman Narang. “With a differentiated business model that scales efficiently, we are positioned for durable growth and ongoing margin expansion, while investing in exciting new growth vectors to expand our long-term opportunity. Thank you to our entire Toast team for a great start to the year. Our confidence and enthusiasm for the future has never been stronger.”