Olo Inc reports results for the quarter ended December 31 - Earnings Summary
25/02/2025 22:01
Olo Inc OLO.N reported quarterly adjusted earnings of 6 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of seven analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 6 cents to 8 cents per share. Revenue rose 20.7% to $76.07 million from a year ago; analysts expected $72.75 million. Olo Inc's reported EPS for the quarter was breakeven results. The company reported a quarterly loss of $635 thousand. Olo Inc shares had fallen by 13.2% this quarter. FORECAST CHANGES The mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "hold" Wall Street's median 12-month price target for Olo Inc is $9.00 This summary was machine generated from LSEG data February 25 at 10:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Dec. 31 2024 | 0.07 | 0.06 | Missed |
| Sep. 30 2024 | 0.05 | 0.06 | Beat |
| Jun. 30 2024 | 0.05 | 0.05 | Met |
| Mar. 31 2024 | 0.05 | 0.05 | Met |
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Olo Inc reports results for the quarter ended June 30 - Earnings Summary
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