Skip to main content

Toast: Q4 Earnings Snapshot

BOSTON (AP) — BOSTON (AP) — Toast Inc. (TOST) on Thursday reported fourth-quarter profit of $101 million.

The Boston-based company said it had profit of 16 cents per share. Earnings, adjusted for stock option expense, were 23 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The restaurant software provider posted revenue of $1.63 billion in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $1.62 billion.

For the year, the company reported profit of $342 million, or 56 cents per share. Revenue was reported as $6.15 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TOST at https://www.zacks.com/ap/TOST

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary