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

Olo

09/11/2022 22:37

* Olo Inc  OLO.N  reported quarterly adjusted earnings of 2
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of one cent per share.
    * Revenue rose 26.4% to $47.27 million from a year ago;
analysts
expected $46.60 million. 
    * Olo Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.2%
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 2.8% this quarter and
lost 61.0% so
far this year.
    * The company reported a quarterly loss of $14.56 million.
    * Wall Street's median 12-month price target for Olo Inc is
$10.50
    * 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 November
9 at 10:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.01           0.02           Beat
 Jun. 30 2022      0.00           0.01           Beat
 Mar. 31 2022      0.00           0.01           Beat
 Dec. 31 2021      0.02           0.02           Met