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Olo Inc - OLO STOCK NEWS

Welcome to our dedicated news page for Olo (Ticker: OLO), a resource for investors and traders seeking the latest updates and insights on Olo.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Olo's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Olo's position in the market.

News
Olo Announces Date of First Quarter Fiscal Year 2024 Earnings Call
Rhea-AI Summary
Olo Inc. (NYSE: OLO) has announced that it will release its first-quarter fiscal year 2024 financial results on May 7, 2024, after the U.S. financial markets close. A conference call to discuss the results and financial guidance will be held at 5:00 p.m. Eastern Time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
earnings
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News
Sparkfly and Olo Team Up to Revolutionize Guest Engagement
Rhea-AI Summary
Sparkfly and Olo have partnered to create an intelligent guest engagement ecosystem for enterprise restaurant brands. The collaboration aims to enhance offer management, loyalty experiences, and guest engagement through real-time integration, providing personalized experiences for guests.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
none
-
News
Olo Introduces Smart Cross-Sells to Increase Guest Engagement and Drive Sales
Rhea-AI Summary
Olo Inc. announces Smart Cross-Sells feature to enhance guest engagement and increase order value. The feature leverages AI to provide personalized order suggestions, resulting in a 10% increase in basket value on average. Other product features include Catering+ Production Sheets and Fundraiser Coupons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
Tags
none
News
Olo and Qu Announce Revolutionary Partnership: Enabling Data-Driven Hospitality for Restaurants
Rhea-AI Summary
Olo Inc. announces an expanded partnership with Qu to offer Olo Pay card-present payment processing via Point-Of-Sale (POS) for the first time, empowering restaurant brands with data-driven decision-making tools and enhancing the guest experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
partnership
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News
Olo to Present at the Citi FinTech Conference
Rhea-AI Summary
Olo Inc. (NYSE:OLO) will present at the Citi FinTech Conference in New York, NY on February 28, 2024. The presentation by Founder and CEO Noah Glass and CFO Peter Benevides will be webcast live.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
Tags
conferences
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News
Olo Announces Fourth-Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Olo Inc. (NYSE:OLO) reported a strong finish to 2023 with full-year revenue of $228.3 million, up 23% YoY, and fourth-quarter revenue of $63.0 million, up 27% YoY. The company aims for balanced growth and increased profitability in 2024, focusing on product development and data-driven initiatives. Financially, Olo saw positive growth in revenue, gross profit, and non-GAAP operating income, with cash reserves of $388.3 million. However, operating loss increased, and net loss widened. The company's outlook for 2024 includes revenue expectations of $269.0-$272.0 million and non-GAAP operating income of $22.0-$24.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
Tags
earnings
News
Olo Announces Date of Fourth Quarter and Fiscal Year 2023 Earnings Call
Rhea-AI Summary
Olo Inc. (NYSE: OLO) will report its Q4 and fiscal year 2023 financial results on February 21, 2024, followed by a conference call to discuss the results and financial guidance. The live webcast will be available on the 'Investor Relations' website at investors.olo.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.68%
Tags
earnings
-
News
Olo Expands Borderless Availability to All Brands on Serve
Rhea-AI Summary
Olo Inc. (NYSE:OLO) announced the expansion of Borderless, Olo’s seamless guest account and checkout functionality, to all customers on Serve, enabling more restaurants to meet the online ordering expectations of today’s digital guests. The company also introduced additional product enhancements including Tax Exempt for Catering+ and Pay at Table capabilities to drive more revenue and create a seamless guest ordering experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
Tags
none
-
News
Olo to Present at the ICR Conference
Rhea-AI Summary
Olo Inc. (NYSE:OLO) CFO and COO to present at ICR Conference in Orlando, FL
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.09%
Tags
conferences
News
Waffle House Partners with Olo to Lead First Brand-Wide Digital Investment
Rhea-AI Summary
Waffle House (OLO) selects Olo to power digital ordering and payment across all 1,950+ locations nationwide. This marks the iconic restaurant brand’s first significant investment in digital, leveraging Order, Pay, and Expo to streamline ordering and simplify payments for both guests and employees at scale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
partnership
Stock OLO logo
Olo Inc

NYSE:OLO

OLO Rankings

#2578 Ranked by Market Cap
#4376 Ranked by Stock Gains
N/A Ranked by Dividends

OLO Stock Data

807.86M
104.15M
2.96%
88.4%
1.82%
All Other Business Support Services
Administrative and Support and Waste Management and Remediation Services
Link
United States
New York

About OLO

olo helps restaurant brands maximize revenue per square foot by delivering faster, more accurate, and more personal service to their customers. through beautiful, fully branded digital interfaces, olo's enterprise-grade ordering platform integrates with the brands’ existing systems, opening new digital revenue streams, injected seamlessly into the restaurant’s operations. olo is a pioneer in the industry, beginning with text message ordering on mobile feature phones in 2005. today, over 15 million consumers use the olo platform to order ahead and skip the line® at the restaurants they love. clients include baskin-robbins, chipotle, five guys burgers & fries, jamba juice, noodles & company, veggie grill, wingstop, and more. learn more at olo.com.