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Articles in “OLO”

Olo (OLO) Stock Trades Up, Here Is Why Cover Image
NYSE OLO Why It Moves
Olo (OLO) Stock Trades Up, Here Is Why

Anthony Lee 2023/05/10 1:19pm

What Happened: Shares of restaurant software company (NYSE:OLO) jumped 5.29% in the after-market session after the company reported an impressive "beat and raise" quarter. First quarter results exceeded analysts' estimates for revenue, operating income, free cash flow, and earnings per share (EPS). Revenue retention rate also improved. Revenue guidance for the next quarter came in above Consensus, and full-year revenue guidance was lifted. Operating income guidance for the full year was roughly inline. Overall, it was a strong quarter for the company, given that online delivery businesses have struggled to maintain the post-pandemic momentum. ... Continue Reading Continue Reading
Olo (NYSE:OLO) Q4: Beats On Revenue, Gross Margin Improves Cover Image
NYSE OLO Earnings
Olo (NYSE:OLO) Q4: Beats On Revenue, Gross Margin Improves

Kayode Omotosho 2023/02/22 9:12pm

Restaurant software company (NYSE:OLO) beat analyst expectations in Q4 FY2022 quarter, with revenue up 24.6% year on year to $49.8 million. The company expects that next quarter's revenue would be around $50.8 million, which is the midpoint of the guidance range. That was roughly in line with analyst expectations. Olo made a GAAP loss of $8.23 million, down on its loss of $2.07 million, in the same quarter last year. ... Continue Reading Continue Reading
Olo (NYSE:OLO) Q3 Sales Beat Estimates, Next Quarter Growth Looks Optimistic Cover Image
NYSE OLO Earnings
Olo (NYSE:OLO) Q3 Sales Beat Estimates, Next Quarter Growth Looks Optimistic

Jabin Bastian 2022/11/09 9:14pm

Restaurant software company (NYSE:OLO) reported results ahead of analyst expectations in the Q3 FY2022 quarter, with revenue up 26.4% year on year to $47.2 million. The company expects that next quarter's revenue would be around $48.4 million, which is the midpoint of the guidance range. That was in roughly line with analyst expectations. Olo made a GAAP loss of $14.5 million, down on its loss of $11.3 million, in the same quarter last year. ... Continue Reading Continue Reading
Olo (NYSE:OLO) Misses Q2 Sales Targets, Stock Drops 10% Cover Image
NYSE OLO Earnings
Olo (NYSE:OLO) Misses Q2 Sales Targets, Stock Drops 10%

Jabin Bastian 2022/08/11 8:11pm

Restaurant software company (NYSE:OLO) missed analyst expectations in Q2 FY2022 quarter, with revenue up 27% year on year to $45.6 million. Guidance for the next quarter also missed analyst expectations with revenues guided to $46.7 million at the midpoint, or 8.62% below analyst estimates. Olo made a GAAP loss of $11.6 million, down on its loss of $2.43 million, in the same quarter last year. ... Continue Reading Continue Reading
Olo's (NYSE:OLO) Q1 Sales Top Estimates, Growth Outlook In Line With Expectations Cover Image
NYSE OLO Earnings
Olo's (NYSE:OLO) Q1 Sales Top Estimates, Growth Outlook In Line With Expectations

Jabin Bastian 2022/05/10 8:30pm

Restaurant software company (NYSE:OLO) announced better-than-expected results in the Q1 FY2022 quarter, with revenue up 18.3% year on year to $42.7 million. The company expects that next quarter's revenue would be around $45.7 million, which is the midpoint of the guidance range. That was in roughly line with analyst expectations. Olo made a GAAP loss of $11.5 million, improving on its loss of $26.4 million, in the same quarter last year.... Continue Reading Continue Reading
Olo (NYSE:OLO) Beats Q4 Sales Targets But Growth To Slow Down Next Year Cover Image
NYSE OLO Earnings
Olo (NYSE:OLO) Beats Q4 Sales Targets But Growth To Slow Down Next Year

Radek Strnad 2022/02/23 9:30pm

Restaurant software company (NYSE:OLO) reported Q4 FY2021 results that beat analyst expectations, with revenue up 30.8% year on year to $39.9 million. Guidance for the full year also exceeded estimates, however the guidance for the next quarter was less impressive, coming in at $41.7 million, 5.15% below analyst estimates. Olo made a GAAP loss of $2.07 million, improving on its loss of $2.95 million, in the same quarter last year.... Continue Reading Continue Reading