Toast, Inc. (NYSE:TOST) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET
Company Participants
Michael Senno – Vice President of Investor Relations and Treasury
Chris Comparato – Chief Executive Officer
Elena Gomez – Chief Financial Officer
Aman Narang – Chief Operating Officer
Conference Call Participants
Will Nance – Goldman Sachs
Josh Baer – Morgan Stanley
Stephen Sheldon – William Blair
DJ Hynes – Canaccord
Timothy Chiodo – Credit Suisse
Josh Beck – KeyBanc
David Koning – Baird
Andrew Bauch – SMBC Nikko
Jeff Cantwell – Wells Fargo
Operator
Good afternoon. My name is Hannah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Toast's Second Quarter 2022 Earnings 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 will now turn the call over to Michael Senno, Vice President of Investor Relations and Treasury. You may begin your conference.
Michael Senno
Thank you, Hannah. Welcome to Toast's earnings conference call for the second quarter ended June 30, 2022. On today's call are CEO, Chris Comparato; and CFO, Elena Gomez, who 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 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 and business outlook, including our financial guidance for the third 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 financial measures are not intended to be a substitute for our GAAP results.
Please refer to our earnings release and SEC filings for detailed reconciliations of these non-GAAP measures to the most comparable GAAP measures. Unless otherwise stated, all references on this call through cost of revenue, gross profit and gross margin, selling and marketing expense, research and development expense, and general and administrative expense are on a non-GAAP basis. Finally, both the press releases and a replay of this call, including the accompanying investor presentation, will be available on our Investor Relations website at www.investors.toasttab.com.