Olo (OLO) - 2023 Q2 - Earnings Call Transcript

Peter Benevides Thanks, Noah. Today, I'll review our second quarter results as well as provide guidance for the third quarter and the full-year 2023. In the second quarter, total revenue was $55.3 million, an increase of 21% year-over-year. Platform revenue in the second quarter was $54.6 million, an increase of 23% year-over-year. We saw strong performance across all three of our product suites, most notably, Olo Pay, which is tracking ahead of our expectations. I'll provide more color on this momentarily. ...