Olo Inc. (OLO) Tops Q2 EPS by 1c, provides guidance

Olo Inc. (NYSE: OLO) reported Q2 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $70.5 million versus the consensus estimate of $67.79 million.

GUIDANCE:

Olo Inc. sees FY2024 revenue of $279.5-280.5 million, versus the consensus of $275.5 million. Non-GAAP operating income in the range of $25.6 million to $26.4 million.

For the third quarter of 2024, Olo expects to report:

Revenue in the range of $70.8 million to $71.3 million, versus the consensus of $69.081 million; and
Non-GAAP operating income in the range of $6.0 million to $6.4 million.

For earnings history and earnings-related data on Olo Inc. (OLO) click here.

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