TINTON FALLS, N.J., July 8, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced that long-term Commvault executive and current Chief Financial Officer (CFO), Gary Merrill, will transition to a new role, serving as the company's first Chief Commercial Officer (CCO). In this role, Merrill will lead the company's global sales and partner teams. DiRico spent close to a decade at Toast, where she was instrumental in its succes ...

Company Performance - Toast's shares have increased by 8.84% over the last month, outperforming the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 3.38% [1] - In the latest trading session, Toast closed at $25.72, with no change from the previous day, which was less than the S&P 500's daily gain of 0.09% [4] - The Zacks Consensus Estimates suggest analysts expect Toast to report earnings of -$0.14 per share and revenue of $4.9 billion for the full year, marking changes of +70.21% and +26.71% respectively from last year [5] Analyst Estimates - Recent changes to analyst estimates for Toast reflect short-term business trends, with positive revisions indicating analyst optimism about the company's business and profitability [2] - The Zacks Consensus EPS estimate for Toast has moved 8.83% higher over the past month, and the company currently holds a Zacks Rank of 2 (Buy) [6] Upcoming Earnings - Toast is projected to report earnings of -$0.02 per share in its upcoming earnings disclosure, representing year-over-year growth of 89.47% [8] - The latest consensus estimate predicts revenue of $1.23 billion for the upcoming quarter, indicating a 25.45% increase compared to the same quarter of the previous year [8] Industry Context - The Internet - Software industry, which includes Toast, has a Zacks Industry Rank of 83, placing it in the top 33% of over 250 industries [3] - The Zacks Industry Rank assesses the strength of industry groups by calculating the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [10]

Social Commerce Platform Appoints Two New Vice Presidents, Signaling Commitment to Expansion and Innovation in Influencer Marketing Landscape CHICAGO, June 25, 2024 /PRNewswire/ -- Mavely, the Everyday Influencer Platform® unlocking performance-based social commerce for the world's favorite brands, today announced two new executive hires who will be instrumental in supporting the brand's accelerated growth and commitment to strengthening leadership. Usaid Khan will serve as Mavely's Vice President of Busine ...

Understanding customer behavior, including shopping and purchasing patterns, is key to enhancing the customer experience and driving sales. Additionally, merchants are prioritizing security and minimal system downtime to safeguard operations and ensure business continuity. The availability of responsive and reliable customer support significantly contributes to fostering a sense of security and trust among merchants. Philadelphia, Pennsylvania, June 25, 2024 (GLOBE NEWSWIRE) -- A recent survey conducted by ...

Key Insights from the Survey: Understanding customer behavior, including shopping and purchasing patterns, is key to enhancing the customer experience and driving sales. Additionally, merchants are prioritizing security and minimal system downtime to safeguard operations and ensure business continuity. The availability of responsive and reliable customer support significantly contributes to fostering a sense of security and trust among merchants. To learn more, download the full report: The Security Tightro ...

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outsideaudited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 17.52% higher within the past month. Toast presently features a Zacks Rank of #2 (Buy). Shares of the restaurant software provider have appreciated by 0.55% over the course of the past month, underperforming the Computer and Technology sector's gain of 6. ...

Shares of this restaurant software provider have returned -9.9% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Internet - Software industry, to which Toast belongs, has lost 1% over this period. Now the key question is: Where could the stock be headed in the near term? Revisions to Earnings Estimates For the current quarter, Toast is expected to post a loss of $0.02 per share, indicating a change of +89.5% from the year-ago quarter. The Zacks Consensus Estimate has changed ...

The word to describe the stock market over the past few months is "moody." This is especially true of small/mid-cap growth stocks, which have seen elevated volatility as investors weighed the fate of interest rate cuts and its impact on valuations. May. It's a great time, in my view, for investors to re-assess the bull case here. VAL 22.02 Toast Inc (TOST) Price 25.00 22.02 20.00 15.00 10.00 Jul '23 Oct '23 Jan '24 Apr "24 Seeking AlphaQ Jun 8, 2024, 8:40 AMEDT Powered by ソC H A R T S Data by Y Charts Toast ...

While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. Toast reported revenues of $1.08 billion in the last reported quarter, representing a year-over-year change of +31.3%. EPS of -$0.15 for the same period ...

It's easy to see what billionaire hedge fund managers buy and sell every quarter. Although you generally don't get to watch it in real time, hedge funds are required to file a quarterly update with the Securities and Exchange Commission (SEC), and these filings are available to the public. Toast is heating up It's not surprising that Toast has been adding tons of new locations and generating higher sales. Average recurring revenue (ARR) increased 32% year over year in the 2024 first quarter, and it added 6, ...