Financial PerformanceToast posted its first quarterly GAAP profit, ahead of expectations, with the company expecting to be near breakeven for FY24.
Growth And ExpansionManagement is doubling down in growth areas like international, enterprise, adjacencies, and product innovation based on early successes.
Market ShareRapid market share gains are supported by Toast replicating its efficient go-to-market strategy in more regions within the US, as well as expanding into international markets and various segments of the restaurant and retail landscape.