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

Olo

11/08/2022 22:56

* Olo Inc  OLO.N  reported quarterly adjusted earnings of 1
cent​​
per share for the quarter ended in June. The mean expectation of
six analysts for the quarter was for breakeven results per
share.
    * Revenue rose 27% to $45.60 million from a year ago;
analysts
expected $45.82 million. 
    * Olo Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 83.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Olo Inc shares had risen by 34.0% this quarter and
lost 36.4% so
far this year.
    * The company reported a quarterly loss of $11.67 million.
    * Wall Street's median 12-month price target for Olo Inc is
$15.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 11
at 09:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.00           0.01           Beat
 Mar. 31 2022      0.00           0.01           Beat
 Dec. 31 2021      0.02           0.02           Met
 Sep. 30 2021      0.02           0.03           Beat