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00:02Toast shares fell in Thursday's after-hours trading after the company reported fourth-quarter
00:06financial results, according to Benzinga. The company reported fourth-quarter revenue of $1.63
00:12billion in earnings of $0.16 per share, surpassing estimates of $1.62 billion in revenue and $0.13
00:20per share. Total locations rose 22% to approximately $164,000 after adding 30,000
00:27locations in 2025. CEO Amon Narang said Toast is scaling its core restaurant business,
00:33expanding into new markets, increasing platform adoption, and investing with focus.
00:38The board authorized a $500 million increase to its share repurchase program. Toast expects
00:44first-quarter subscription services and financial technology solutions gross profit of $505 million
00:49to $515 million and adjusted EBITDA of $160 million to $170 million.
00:57Shares fell 8.11% to $24.02 in after-hours trading.
01:02For all things money, visit Benzinga.com.
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