Toast, Inc (NYSE: TOST) reported fourth-quarter FY22 revenue growth of 50% year-on-year to $769 million, beating the consensus of $743.9 million. ARR for Q4 was $901 million, up 59% Y/Y. Gross Payment Volume (GPV) increased 49% Y/Y to $25.5 billion. EPS loss of $(0.19) missed the consensus loss of $(0.14). “As we …
Read More »Datadog’s Earnings Beat Expectations. Here’s Why the Stock is Falling.
Text size Datadog forecast lower revenue and earnings per share than analysts had expected. Dreamstime Datadog ‘s fourth-quarter earnings and revenue handily beat expectations, but its projections for this year look less rosy, sending the stock down on Thursday. Datadog (ticker: DDOG) provides software used to monitor network infrastructure, helping …
Read More »Paramount Posts a Big Miss. The Stock Is Falling.
Text size Paramount reported revenue that slightly missed expectations. Dreamstime Paramount Global stock fell sharply on Thursday after the media company reported a big miss on quarterly profits, partly due to a slump in advertising. For the fourth quarter, the media company (ticker: PARA) delivered adjusted profits of 8 cents …
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