Olo Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Simply Wall St.11-09

Olo (NYSE:OLO) Third Quarter 2024 Results Key Financial Results Revenue: US$71.9m (up 24% from 3Q 2023). Net loss: US$3.64m (loss narrowed by 69% from 3Q 2023). US$0.022 loss per share (improved from...

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All figures shown in the chart above are for the trailing 12 month  period. Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.The company's shares are up 12% from a week ago.You should learn about the   2 warning signs  we've spotted with Olo.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"OLO":"PowerShares DB Crude Oil Long ET"},"translate_title":"Olo 2024年第三季度收益：收入超出预期，每股收益符合预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OLO":1},"content_text":"Olo (NYSE:OLO) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$71.9m (up 24% from 3Q 2023).\nNet loss: US$3.64m (loss narrowed by 69% from 3Q 2023).\nUS$0.022 loss per share (improved from US$0.072 loss in 3Q 2023).\n\n\n\n\n  NYSE:OLO Earnings and Revenue Growth November 9th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nOlo Earnings Insights\n Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. \nPerformance of the American Software industry.\n The company's shares are up 12% from a week ago. \nRisk Analysis\n You should learn about the   2 warning signs  we've spotted with Olo. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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