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. (former NYSE: OLO) generated frequent news as a restaurant technology provider and, later, as the subject of a going‑private acquisition by an affiliate of Thoma Bravo. Its news flow combined operating updates on its open SaaS platform for restaurants with detailed disclosures about the merger process, stockholder approvals, and the eventual delisting of its Class A common stock.
Before the merger closed, Olo’s news often focused on financial results, where the company reported revenue growth, non-GAAP metrics, and key performance indicators such as average revenue per unit (ARPU), dollar-based net revenue retention (NRR), active locations, gross merchandise volume (GMV), and gross payment volume (GPV). These releases explained how management used these metrics to evaluate business performance and the stability of its revenue base.
Another major category of coverage involved customer and product announcements. Olo issued releases describing deployments and expansions with enterprise and emerging enterprise restaurant brands, including use of its Ordering modules, Dispatch for delivery, Olo Pay for card-not-present and, via partners, card-present payments, Catering+ for catering operations, Sentiment for guest feedback and reputation management, and Borderless for passwordless checkout. These stories highlighted how restaurant brands adopted multiple Olo modules to support digital ordering, delivery, catering, and guest engagement.
From mid‑2025 onward, a significant portion of Olo’s news centered on the definitive agreement to be acquired by Thoma Bravo and the steps required to complete the transaction. Releases and related 8-K references covered the signing of the merger agreement, regulatory milestones such as early termination of the Hart‑Scott‑Rodino waiting period, the special stockholder meeting and approval of the merger, and the closing of the transaction in September 2025. Additional communications discussed the planned delisting from the New York Stock Exchange, the subsequent Form 25 and Form 15 filings, and stockholder litigation and supplemental proxy disclosures related to the merger.
Investors and observers reviewing OLO news can expect a mix of historical earnings announcements, platform and customer updates, and detailed documentation of the company’s transition from a publicly traded issuer to a private, Thoma Bravo‑owned subsidiary.
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.
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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.
Olo Inc (NYSE:OLO) has expanded its Borderless functionality for Olo Pay customers, enabling streamlined payment options across 600 restaurant brands. This advancement aims to enhance guest experiences by simplifying the checkout process, eliminating the need for passwords and manual credit card entries. Additionally, Olo has launched enhanced QR Code Ordering for on-premise dining and Geolocation Partner Notifications to improve food preparation efficiency. CEO Noah Glass highlighted these innovations as essential for addressing operational challenges and enhancing guest interactions. The new capabilities are now available and support Olo's mission in transforming hospitality.
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.