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Toast Stock Pops Up Nearly 30% After Hours on Well-Received Q3 Results

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Jerry Kronenberg wrote a column · Nov 8 05:26
$Toast (TOST.US)$ rose nearly 30% after hours Thursday after the restaurant-payments processor reported Q3 results.
TOST gained 27% to $41.50 shortly before 4:30 p.m. ET after reporting that it earned $0.07 per share vs. a $0.09 loss per share in the same period last year. Revenues rose to $1.3 billion, up from $1.03 billion a year ago.
Shares had already hit a $33.01 intraday high earlier Thursday during regular trading hours – a level the stock hadn't seen since January 2022.
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Jerry Kronenberg
Director of Financial Content
Former top editor at Seeking Alpha, Fidelity.com, TheStreet.com and UPI.
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