Toast Reports Q4 2024 Revenue Growth, Misses Earnings Forecast

Toast, a US-based software company, reported revenue growth in its fourth quarter of 2024. According to the company’s financial report, revenue increased during the quarter.

Key Financial Metrics:

• Revenue growth: [insert specific percentage or dollar amount]
• Earnings per share (EPS): [insert specific amount or percentage]
• GAAP profitability: Toast reported its first full year of GAAP profitability

Market Performance:

• Toast’s stock price has shown significant growth, driven by expansion into new markets and increasing market share in the US restaurant segment
• Stock price increase: [insert specific percentage or dollar amount]

2025 Targets:

• Toast has set ambitious targets for 2025, including:
  • 24% increase in recurring gross profit
  • Expansion into new markets
• CEO comments: Toast’s CEO emphasized the company’s progress and future goals

Note: The company’s earnings forecast for the period was disappointing, but the market’s positive reaction suggests that investors are optimistic about Toast’s future prospects.