BOSTON (AP) — BOSTON (AP) — Toast Inc. (TOST) on Wednesday reported fourth-quarter earnings of $33 million.
The Boston-based company said it had net income of 5 cents per share.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The restaurant software provider posted revenue of $1.34 billion in the period, exceeding Street forecasts. Eight analysts surveyed by Zacks expected $1.31 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TOST at https://www.zacks.com/ap/TOST
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