Toast, Inc. (NYSE:TOST) Q3 2022 Results Conference Call November 10, 2022 5:00 PM ET

Company Participants

Michael Senno - IR

Chris Comparato - CEO

Elena Gomez - CFO

Aman Narang - COO

Conference Call Participants

Tien-Tisn Huang - JPMorgan

DJ Hynes - Canaccord

Will Nance - Goldman Sachs

Mayank Tandon - Needham

Josh Baer - Morgan Stanley

Timothy Chiodo - Credit Suisse

Stephen Sheldon - William Blair

Harshita Rawat - Bernstein

Josh Beck - KeyBanc

Operator

Good afternoon. My name is Daniel, and I will be your conference operator today. At this time, I would like to welcome everyone to the Toast Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question and answer session. [Operator Instructions]

Thank you. I'll now turn the call over to Michael Senno, Vice President of Investor Relations and Strategic Finance. You may begin your conference.

Michael Senno

Thanks, Daniel. Welcome to Toast's earnings conference call for the third quarter ended September 30, 2022. On today's call are CEO, Chris Comparato, and CFO, Elena Gomez; will open with prepared remarks. They will then be joined by our COO, Aman Narang, for our Q&A session.

Before we start, I'd like to draw your attention to the safe harbor statement included in today's press release. During this call, we'll make statements related to our business that may be considered forward-looking within the meaning of the Securities and the Exchange Act. All statements, other than the statements of historical facts are forward-looking statements, including those regarding management's expectations of future financial and operational performance and operational expenditures, expected growth rates of certain metrics estimated time line for future profitability, future profit and margin outlook and our financial guidance for the fourth quarter and full year 2022.

Forward-looking statements reflect our views only as of today, and except as required by law, we undertake no obligation to update or revise these forward-looking statements. Please refer to the cautionary language in today's press release and our SEC filings for a discussion of the risks and uncertainties that could cause actual results to differ materially from our expectations.

During this call, we will discuss certain non-GAAP financial measures. These non-GAAP measures are not intended to be a substitute for our GAAP results. Please refer to our earnings release, the accompanying Investor Presentation and SEC filings for detailed reconciliations of these non-GAAP measures to the most comparable GAAP measures.