Olo Inc. - OLO STOCK NEWS

Olo Inc. (NYSE: OLO) will release its fourth quarter and fiscal year 2022 financial results after U.S. market close on February 22, 2023. Following the report, the company will hold a conference call at 5:00 p.m. Eastern Time to discuss its results and future guidance. Olo's platform supports a comprehensive digital hospitality experience for restaurants, facilitating millions of orders daily through integrations with over 300 technology partners. With over 600 trusted restaurant brands, Olo aims to enhance digital ordering and delivery capabilities for its clients.

Olo Inc. (NYSE:OLO) has announced that CEO Noah Glass and CFO Peter Benevides will present at two upcoming investor conferences. The first is the ICR Conference in Orlando, FL, scheduled for January 10, 2023, at 10:30 a.m. ET. The second is the Needham Virtual Growth Conference on January 12, 2023, at 3:00 p.m. ET. Both presentations will be webcast live and available for replay on Olo’s investor relations website. Olo is a leading open SaaS platform that supports restaurants' digital hospitality through an extensive tech ecosystem, serving millions of orders daily.

ICR announces Olo's CEO Noah Glass featured on 'Welcome to the Arena' podcast, hosted by Tom Ryan. The episode delves into Olo's origin story, the digital transformation challenges in the restaurant sector, and the company's acquisition philosophy. The podcast started in August 2021 and is accessible on platforms like Apple Podcasts, Spotify, and Google Podcasts. ICR, established in 1998, specializes in strategic communications and advisory for about 1,000 clients across 20 industries, emphasizing business goals and enterprise value.

Olo Inc. (NYSE:OLO) has announced that Founder and CEO Noah Glass, along with CFO Peter Benevides, will present at the RBC Global Technology, Internet, Media and Telecommunications Conference in New York, NY. The presentation is set for Wednesday, November 16, 2022, at 3:45 p.m. Eastern Time. The event will be webcast live, with replays available on Olo's investor relations website. Olo is known for its open SaaS platform, which enhances digital hospitality for restaurants, enabling seamless guest experiences through a vast network of integrations.

Olo Inc. (NYSE:OLO) reported a 26% year-over-year revenue growth for Q3 2022, totaling $47.3 million. This growth resulted from increased module adoption, transaction volume, and expansion into new locations. Despite a net loss of $14.6 million or $0.09 per share, operating performance showed improvements, with non-GAAP operating income of $3.0 million. Olo anticipates Q4 revenue between $48.2 million and $48.7 million, and fiscal year 2022 revenue between $183.8 million and $184.3 million.

Olo Inc. (NYSE: OLO) will report its third quarter fiscal year 2022 financial results on November 9, 2022, after U.S. financial markets close. A conference call will be held on the same day at 5:00 p.m. Eastern Time to discuss the results and provide financial guidance. Olo is a prominent open SaaS platform for restaurants, facilitating digital hospitality across various guest touchpoints. The company supports over 600 restaurant brands, managing millions of orders daily through its commerce engine and offering integrations with over 300 technology partners.

Olo Inc (NYSE:OLO) has launched the Borderless functionality for Olo Pay, designed to enhance the checkout experience for guests and increase revenue potential for restaurants. This feature allows users to save payment and contact details across participating brands, significantly boosting basket conversion by nearly 2.5 times compared to traditional checkout methods. The upcoming Fall Release Event on October 27 will showcase this and other new features aimed at improving guest engagement and operational efficiency. Notable participating brands have reported increased guest data and revenue from the pilot program.

Olo Inc. has announced a share repurchase program authorizing up to $100,000,000 of its Class A common stock. This initiative demonstrates the company's commitment to shareholder value and aligns with its disciplined capital allocation strategy aimed at balancing long-term growth with profitability. The program reflects the management's confidence in Olo's growth opportunities and the strength of its balance sheet. The buyback plan has no expiration date, allowing for flexibility in execution.

Olo Inc. (NYSE:OLO), a prominent open SaaS platform for restaurants, announced that CEO Noah Glass and CFO Peter Benevides will present at the Piper Sandler Growth Frontiers Conference in Nashville, Tennessee. The presentation is set for Wednesday, September 14, 2022, at 9:30 a.m. Central Time. Interested parties can access a live webcast and a replay on Olo's investor relations website.

Olo’s platform supports millions of orders daily, integrating with over 300 technology partners to enhance digital hospitality and operational efficiency for over 600 restaurant brands.