Olo Inc. (OLO) Misses Q1 EPS by 4c, provides guidance

Olo Inc. (NYSE: OLO) reported Q1 EPS of $0.01, $0.04 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $66.51 million versus the consensus estimate of $64.22 million.

GUIDANCE:

Olo Inc. sees Q2 2024 revenue of $67.5-68 million, versus the consensus of $66.315 million.

Non-GAAP operating income in the range of $5.5 million to $5.9 million.

For fiscal year 2024, Olo expects to report:

Revenue in the range of $274.5 million to $276.5 million, versus the consensus of $316.6 million; and
Non-GAAP operating income in the range of $23.0 million to $24.5 million.

For earnings history and earnings-related data on Olo Inc. (OLO) click here.

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