Olo (OLO)
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Olo (OLO) - 2024 Q3 - Quarterly Report
2024-11-07 21:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________ FORM 10-Q _______________________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40213 Olo Inc. (Exact name of registrant as ...
Olo (OLO) - 2024 Q3 - Quarterly Results
2024-11-07 21:10
Exhibit 99.1 Olo Announces Third Quarter 2024 Financial Results Revenue up 24%, ARPU up 15% Year-over-Year Ending Active Locations Reach Approximately 85,000 New York, New York - November 7, 2024 - Olo Inc. (NYSE:OLO) ("Olo" or the "Company"), a leading open SaaS platform for restaurants, today announced financial results for the third quarter ended September 30, 2024. "Team Olo executed well on our top priorities in the third quarter and positioned us to complete a successful 2024. We continued to win, ret ...
All You Need to Know About Olo (OLO) Rating Upgrade to Buy
ZACKS· 2024-10-15 17:00
Investors might want to bet on Olo Inc. (OLO) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individual ...
Olo Soars 11% in 3 Months: Is it the Right Time to Buy the Stock?
ZACKS· 2024-09-19 16:01
Olo Inc. (OLO) shares have jumped 10.6% in the past three months, outpacing the Zacks Internet - Software Industry and the S&P 500 index's return of 3.3% and 2.4%, respectively. The stock has also outperformed the Zacks Computer and Technology Sector, which has declined 3.6% over the same time frame. This outperformance reflects investors' optimism over Olo's prospects following its back-to-back quarters of strong quarterly performance. Over the past four quarters, its top line has surpassed the Zacks Conse ...
How Much Upside is Left in Olo (OLO)? Wall Street Analysts Think 57.8%
ZACKS· 2024-08-23 14:55
Olo Inc. (OLO) closed the last trading session at $5.45, gaining 13.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $8.60 indicates a 57.8% upside potential. The average comprises five short-term price targets ranging from a low of $8 to a high of $10, with a standard deviation of $0.89. While the lowest estimate indicates an increase of 46.8% from the current price level, the m ...
Wall Street Analysts See a 65.35% Upside in Olo (OLO): Can the Stock Really Move This High?
ZACKS· 2024-08-07 14:56
Shares of Olo Inc. (OLO) have gained 19% over the past four weeks to close the last trading session at $5.08, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $8.40 indicates a potential upside of 65.4%. The average comprises five short-term price targets ranging from a low of $7 to a high of $10, with a standard deviation of $1.14. While the lowest estimate indicates an increase ...
Olo (OLO) - 2024 Q2 - Earnings Call Transcript
2024-08-01 02:17
Olo Inc. (NYSE:OLO) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Gary Fuges – Senior Vice President-Investor Relations Noah Glass – Founder and Chief Executive Officer Peter Benevides – Chief Financial Officer Conference Call Participants Eric Martinuzzi – Lake Street Andrew Harte – BTIG Connor Passarella – Truist Securities Stephen Sheldon – William Blair Max Gamperl – Goldman Sachs Simran Biswal – RBC Capital Operator Greetings, and welcome to the Olo Incorporated Second ...
Olo (OLO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 01:05
Olo Inc. (OLO) reported $70.5 million in revenue for the quarter ended June 2024, representing a year-overyear increase of 27.6%. EPS of $0.05 for the same period compares to $0.04 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $67.81 million, representing a surprise of +3.98%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.05. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...
Olo Inc. (OLO) Meets Q2 Earnings Estimates
ZACKS· 2024-07-31 23:20
Olo Inc. (OLO) came out with quarterly earnings of $0.05 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post earnings of $0.05 per share when it actually produced earnings of $0.05, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Olo, which belongs to the Zacks Internet ...
Olo (OLO) - 2024 Q2 - Earnings Call Presentation
2024-07-31 22:31
olo Second Quarter 2024 Presentation July 31, 2024 Safe Harbor Disclosure The material in this presentation (this "Presentation") regarding Olo Inc. ("we," "us" or the "Company") is for informational purposes only. Statements we make in this Presentation include statements that are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act, which may be identified by the use of words such as "anticipates," "believes," "continue," "estima ...