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.
Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants, has announced that it will release its second quarter fiscal year 2023 financial results after the U.S. financial markets close on Tuesday, August 1, 2023. The company will host a conference call on the same day at 5:00 p.m. Eastern Time to discuss the financial results and provide financial guidance.
Investors and interested parties can access a live webcast of the conference call on the "Investor Relations" website at investors.olo.com. A replay of the webcast will also be archived on the website for future reference.
Olo Inc. (NYSE: OLO), an open SaaS platform for restaurants, will report its first quarter fiscal year 2023 financial results on May 9, 2023, after U.S. market close. A conference call to discuss these results and future guidance will follow at 5:00 p.m. Eastern Time on the same day. Olo supports millions of daily orders, connecting restaurants with various guest touchpoints and enhancing digital sales through integrations with over 300 technology partners. The company aims to help over 600 restaurant brands provide personalized guest experiences while optimizing operations.
Olo Inc. (NYSE:OLO) has launched Olo Connect, a partner program aimed at enhancing hospitality for its 600+ restaurant brands. This initiative is designed to provide integrated technology and services, helping restaurants optimize their digital solutions.
Olo Connect partners, including notable providers like Thanx and FlyBuy, must meet specific criteria to join, ensuring a high standard of service and customer satisfaction. The program offers various benefits, such as marketing support and product implementation, tailored to the needs of restaurant brands. The launch reflects Olo's commitment to being an open platform and fostering new partnerships to meet industry demands.
Denny's Corporation (NASDAQ: DENN) has launched a new intelligent customer engagement suite in partnership with Sparkfly and Olo. This initiative, now live across 1,600+ locations, aims to enhance customer loyalty through personalized rewards and seamless user experiences. The engagement suite utilizes advanced data analytics to offer tailored promotions and rewards based on buying behavior. Denny's emphasizes its commitment to customer relationships for future growth, showcasing a data-driven approach amid industry competition.
Olo Inc. (NYSE:OLO) reported a full-year 2022 revenue of $185.4 million, marking a 24% increase year-over-year. The fourth-quarter revenue reached $49.8 million, up 25% year-over-year. The company achieved a gross profit of $34.5 million, representing 69% of total revenue. Olo's cash and investments totaled $451.2 million. However, the net loss increased to $8.2 million, or $(0.05) per share. Looking ahead, Olo forecasts first-quarter 2023 revenue between $50.5 million and $51.0 million, and annual revenue of $213.0 million to $215.0 million.
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