Welcome to our dedicated page for Olo news (Ticker: OLO), a resource for investors and traders seeking the latest updates and insights on Olo stock.
Olo Inc (NYSE: OLO) delivers restaurant technology solutions through its SaaS platform, enabling digital ordering, payment processing, and operational efficiency. This page provides official updates and analysis for stakeholders tracking the company’s market position and strategic developments.
Access timely press releases, earnings reports, and partnership announcements to stay informed about Olo’s innovations in restaurant tech. Our curated news collection helps investors monitor growth metrics while analysts gain insights into integration trends with third-party delivery systems and POS platforms.
Key updates include quarterly financial results, product feature launches, and executive leadership changes. Content is verified for accuracy to support data-driven decision-making without speculative commentary.
Bookmark this page for consolidated access to Olo’s latest developments. Check regularly for updates on how the company navigates evolving demands in digital hospitality infrastructure.
Levi & Korsinsky announces a $9,000,000 settlement in the class action lawsuit against Olo Inc. (NYSE: OLO). The class includes individuals and entities that purchased Olo's Class A common stock between March 17, 2021, and August 11, 2022. Affected shareholders must file claim forms by July 9, 2024, to be eligible for their share of the settlement. Levi & Korsinsky, known for their extensive experience and success in securities litigation, is facilitating this process to ensure timely claims submission.
Olo (NYSE:OLO), a top restaurant tech provider, announced an enhanced partnership with TRAY, a POS and restaurant management platform for Enterprise restaurants. This collaboration will integrate Olo's Pay and Engage suites with TRAY's Cloud-first POS by year-end. This includes Olo Pay for card-present payment processing and Olo Engage for personalized guest experiences. The partnership aims to streamline operations, increase orders, and enrich customer interactions through advanced tech like machine-learning for accurate order times and automated menu synchronization. Olo CEO Noah Glass highlights the need to bridge the online-offline gap, as 84% of restaurant transactions still occur offline. TRAY CEO Peter Kellis emphasizes the benefits of seamless digital transactions and data-driven guest personalization. New integrations aim to enhance both guest satisfaction and operational efficiency.
Olo (NYSE: OLO), a leading open SaaS platform for restaurants, has announced that its senior management will present at two major investor conferences. The presentations are scheduled for the Needham Technology, Media, & Consumer Conference on Thursday, May 16, 2024, at 8:00 a.m. Eastern Time, and the RBC Capital Markets Financial Technology Conference on Tuesday, June 11, 2024, at 10:40 a.m. Eastern Time. Both presentations will be webcast live, with replays available for a time on Olo's investor relations website.
Dutch Bros, a fast-growing drive-thru coffee chain, partners with Olo to implement mobile app ordering and payment at all 850 locations. This collaboration aims to enhance operational efficiency, streamline the ordering process, and offer flexible mobile ordering options to customers. By leveraging Olo's technology, Dutch Bros seeks to maintain its people-first culture while delivering on core values of speed, quality, and service.
Olo Inc. (NYSE:OLO) announced its first-quarter 2024 financial results, showing impressive growth with a 27% increase in revenue and a 29% increase in ARPU year-over-year. The company's new partnerships and platform enhancements are poised to drive further growth and improve guest experiences. Financially, Olo reported positive figures across revenue, gross profit, operating income, and net income. The company also highlighted strong cash reserves and active locations, indicating a solid financial position. Olo's outlook for the second quarter and fiscal year 2024 shows continued growth and profitability expectations.
NCR Voyix (NYSE: VYX) and Olo (NYSE: OLO) are expanding their partnership by integrating Olo solutions onto the NCR Voyix Commerce Platform. This collaboration aims to enhance the guest experience for restaurants of all sizes by simplifying ordering and payments through digital solutions. The integration will enable restaurants to deliver exceptional guest experiences by leveraging technology and data collection.
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