Olo Inc. (OLO) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changin ...

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced an expanded partnership with Qu, the restaurant technology company pioneering the industry’s first unified commerce platform, to offer Olo Pay card-present payment processing via Point-Of-Sale (POS) for the first time. In addition to Olo Pay, Qu will integrate with the Olo Engage product suite to empower restaurant brands with Hospitality at Scale™ solutions that inform data-driven decision making and e ...

Olo Inc. (OLO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions ...

Shares of Olo Inc. (OLO) have gained 10.9% over the past four weeks to close the last trading session at $6.01, 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 $8.70 indicates a potential upside of 44.8%.The average comprises five short-term price targets ranging from a low of $7.50 to a high of $10, with a standard deviation of $0.97. While the lowest estimate indicates an incr ...

Eric Martinuzzi - Lake Street Capital Markets Olo Inc. (NYSE:OLO) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Gary Fuges - Senior Vice President, Investor Relations Peter Benevides - Chief Financial Officer Matt Swanson - RBC Clarke Jeffries - Piper Sandler Operator I would now like to turn the call over to Gary Fuges, Senior Vice President of Investor Relations. Please go ahead, sir. Thank you. Good afternoon, everyone, and welcome to Olo's fourth quarter and full year 2023 financial resu ...

Safe Harbor Disclosure Forward-looking statements are based upon various estimates and assumptions, as well as information known to us as of the date of this Presentation, and are subject to risks and uncertainties, including but not limited to: the effects of public health crises, macroeconomic conditions, including inflation, changes in discretionary spending, fluctuating interest rates, and overall market uncertainty; our ability to acquire new customers, have existing customers (including our emerging e ...

Olo Inc. (OLO) reported $63 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 26.6%. EPS of $0.05 for the same period compares to $0.03 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $58.68 million, representing a surprise of +7.36%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.05.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

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 $0.03 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 $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Olo Inc., which belongs to the Zacks Internet - ...

Exhibit 99.1 Olo Announces Fourth-Quarter and Full-Year 2023 Financial Results Full-Year 2023 Revenue of $228.3 million, up 23% Year-over-Year Fourth-Quarter Revenue of $63.0 million, up 27% Year-over-Year New York, New York - February 21, 2024 - Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced financial results for the fourth-quarter and full-year ended December 31, 2023. As of February 21, 2024, Olo is issuing the following outlook for the first-quarter of 2024 and fiscal-yea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________ FORM 10-K _______________________________________________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ¨ 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 specifie ...