Olo (OLO) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Olo Announces First Quarter 2024 Financial Results Revenue up 27%, ARPU up 29% Year-over-Year New York, New York - May 7, 2024 - Olo Inc. (NYSE:OLO) (“Olo” or the “Company”), a leading open SaaS platform for restaurants, today announced financial results for the first quarter ended March 31, 2024. “In Q1, we got off to a great start in delivering on our 2024 financial targets, including 27% year-over-year revenue growth and non- GAAP operating margin expansion to 8%,” said Noah Glass, Olo’s Fou ...