Toast shares are trading higher after the company reported mixed Q2 financial results and issued Q3 & FY23 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Toast Inc. reported mixed Q2 financial results but issued Q3 and FY23 revenue guidance above estimates. This has led to an increase in the company's share price.
August 09, 2023 | 12:21 pm
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Toast Inc.'s shares are trading higher following the company's mixed Q2 results and higher than expected Q3 and FY23 revenue guidance.
Toast Inc.'s shares are trading higher due to the company's positive revenue guidance for Q3 and FY23, which is above estimates. This indicates that investors are optimistic about the company's future performance, despite the mixed Q2 results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100