Olo Inc reports results for the quarter ended in December - Earnings Summary

Olo

22/02/2023 22:53

* Olo Inc  OLO.N  reported quarterly adjusted earnings of 3
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of 2 cents per share.
    * Revenue rose 24.6% to $49.78 million from a year ago;
analysts
expected $48.50 million. 
    * Olo Inc's reported EPS for the quarter was a loss of 5
cents​.
    * 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. 
    * Olo Inc shares had risen by 26.4% this quarter.
    * The company reported a quarterly loss of $8.23 million.
    * Wall Street's median 12-month price target for Olo Inc is
$9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 10:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.02           0.03           Beat
 Sep. 30 2022      0.01           0.02           Beat
 Jun. 30 2022      0.00           0.01           Beat
 Mar. 31 2022      0.00           0.01           Beat