Toast GAAP EPS of -$0.19 misses by $0.01, revenue of $769M beats by $15.87M
- Toast press release (NYSE:TOST): Q4 GAAP EPS of -$0.19 misses by $0.01.
- Revenue of $769M (+50.2% Y/Y) beats by $15.87M.
Annualized recurring run-rate (ARR) as of December 31, 2022 increased to $901 million
Added approximately 23,000 net new locations in 2022
Gross Payment Volume (GPV) increased 49% year-over-year to $25.5 billion.
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Outlook
For the first quarter ending March 31, 2023, Toast expects to report:
- Revenue in the range of $745 million to $775 million vs consensus of $751.15M
- Adjusted EBITDA in the range of $(30) million to $(20) million
For the full year ending December 31, 2023, Toast expects to report:
- Revenue in the range of $3,570 million to $3,660 million vs consensus of $3.61B
- Adjusted EBITDA in the range of $(30) million to $(10) million
- Revenue in the range of $745 million to $775 million vs consensus of $751.15M