OLO (NYSE:OLO – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, July 31st. Analysts expect OLO to post earnings of $0.05 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
OLO (NYSE:OLO – Get Free Report) last issued its earnings results on Tuesday, May 7th. The company reported $0.05 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.05. OLO had a negative return on equity of 1.56% and a negative net margin of 19.35%. The business had revenue of $66.51 million during the quarter, compared to the consensus estimate of $64.22 million. During the same period in the previous year, the company posted ($0.06) earnings per share. The firm’s revenue for the quarter was up 27.3% on a year-over-year basis. On average, analysts expect OLO to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
OLO Price Performance
Shares of OLO opened at $4.66 on Tuesday. OLO has a 52-week low of $4.20 and a 52-week high of $8.84. The business’s 50 day moving average price is $4.53 and its two-hundred day moving average price is $5.01.
Insider Activity at OLO
About OLO
Olo Inc operates an open SaaS platform for restaurants in the United States. The company's platform enables on-demand digital commerce operations, which cover digital ordering, delivery, front-of-house management, and payments. Its solutions include Order, a suite of solutions powering restaurant brands' on-demand commerce operations, enabling digital ordering, delivery, and channel management through ordering, dispatch, rails, switchboard, network, virtual brands, kiosk, catering, and sync modules; Engage, a suite of restaurant-centric marketing solutions optimizing guest lifetime value by strengthening and enhancing the restaurants' direct guest relationships, through the guest data platform, marketing, sentiment, and host modules; and Pay, a frictionless payment platform that enables restaurants to grow and protect their digital business through customer payment experience that offers advanced fraud prevention to improve authorization rates for valid transactions, and increase basket conversion through its Olo Pay module.
Recommended Stories
- Five stocks we like better than OLO
- How to Use the MarketBeat Stock Screener
- Why This Manufacturer is Committing to a Massive Buyback Program
- What Are Dividends? Buy the Best Dividend Stocks
- Top 2 Cheap Healthcare Stocks to Buy as Sector Outperforms
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Healthcare Stock Rides the Acute Services Phenomenon to New Highs
Receive News & Ratings for OLO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OLO and related companies with MarketBeat.com's FREE daily email newsletter.