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Cloud-based restaurant management software company Toast Inc ($TOST) shares soared over 11% in Friday’s pre-market session after the firm swung to profits and revenue topped analyst expectations. Toast reported a 26% year-over-year (YoY) rise in its third-quarter revenue to $1.31 billion, higher than a Wall Street estimate of $1.29 billion. Earnings per share came in at $0.07, lower than an estimate of $0.14. However, the firm reported a net profit of $56 million during the quarter compared to a net loss of $31 million in the same period a year ago. During the quarter, Toast saw its gross paym…

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