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OLO News Highlights
- OLO's 30 day story count now stands at 14.
- Over the past 14 days, the trend for OLO's stories per day has been choppy and unclear. It has oscillated between 1 and 6.
- SMID are the most mentioned tickers in articles about OLO.
Latest OLO News From Around the Web
Below are the latest news stories about OLO INC that investors may wish to consider to help them evaluate OLO as an investment opportunity.
NEW YORK, November 09, 2023--Olo Inc. (NYSE:OLO), a leading open SaaS platform for restaurants, today announced that Peter Benevides, CFO, will present at the following investor conferences:
Shares of restaurant-technology company Olo (NYSE: OLO) got creamed on Tuesday after the company reported financial results for the third quarter of 2023. If you only looked at the numbers, you might think that the stock would be up today.
Olo Inc. (NYSE:OLO) Q3 2023 Earnings Call Transcript November 6, 2023 Olo Inc. reports earnings inline with expectations. Reported EPS is $0.04 EPS, expectations were $0.04. Operator: Good afternoon. My name is Irene and I will be your conference operator today. At this time, I would like to welcome everyone to the Olo Third Quarter […]
Shares of restaurant software company (NYSE:OLO) fell 12.5% in the morning session after the company reported its third-quarter results, and it was mostly choppy waters. Olo revised downward its guidance for the addition of new locations on its platform, signaling a slower pace of business expansion. The company now anticipates adding approximately 4,000 to 5,000 net new active locations in 2023, falling short of the earlier target of 6,000 additions for the full year. During the earnings call,
Q3 2023 Olo Inc Earnings Call
Polen Capital, an investment management firm, released its “U.S. Small Company Growth Fund” third quarter 2023 investor letter, a copy of which can be downloaded here. In the third quarter, the U.S. Small Company Growth Composite Portfolio, referred to as the “Portfolio,” posted returns of -3.66% gross and -3.97% net of fees. This performance is […]
The headline numbers for Olo Inc. (OLO) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Despite an operating loss, the company's financial results reflect strong performance and confidence in future growth
By Karen E. Roman Olo Inc. (NYSE: OLO), an open SaaS which develops digital platforms for restaurants, said its total revenue increased 22% for the third quarter on a year-over-year basis, ascending to $57.8 million. Additionally, gross profit grew 9% year-over-year to $34.6 million, representing 60% of its total revenue, the company said. Olo previously […]
Restaurant software company (NYSE:OLO) reported results ahead of analysts' expectations in Q3 FY2023, with revenue up 22.3% year on year to $57.8 million. Guidance for next quarter's revenue was also optimistic at $58.8 million at the midpoint, 3.2% above analysts' estimates. Turning to EPS, Olo made a GAAP loss of $0.07 per share, improving from its loss of $0.09 per share in the same quarter last year.