Toast Announces Fourth Quarter and Full Year 2023 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- AI stocks lift Wall St as oil falls, Treasury yields decline
- Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
- AMD stock jumps as chip rally builds ahead of summit
- Novo Nordisk shares drop as investor event disappoints
Toast (TOST) shares leap 15% as job cuts offset soft results
February 15, 2024 4:22 PM EST(Updated - February 15, 2024 4:30 PM EST)
Toast Inc. (NYSE: TOST), a cloud-based restaurant software company, has seen its shares surge by 13% following the announcement of a significant restructuring plan that includes job cuts.
The company's fourth-quarter earnings revealed an adjusted EPS of ($0.07), falling short of the analyst consensus of $0.02. The revenue reached $1 billion, just below the expected $1.02 billion.
The restructuring... More
