Olo Q4 Revenue Up 21%, Beats Estimates

Exec Edge

02-26

By Karen Roman

Restaurant technology provider Olo Inc. (NYSE: OLO) said fourth-quarter revenue increased 21% to $76.1 million year-over-year, beating analysts’ estimates.

Gross profit grew 11% to reach $40.3 million, while non-GAAP net income was $11.3 million, or $0.06 per share, compared to $8.5 million, or $0.05 per share the year prior, it said.

The company also highlighted its partnership with FreedomPay to penetrate the $100+ billion in card-present gross payment volume within its existing base.

Olo said it projects FY 2025 revenue to be in the range of $333 million to $336 million and non-GAAP operating income to be between $45.5 million to $47.0 million.

“Team Olo put together a fantastic 2024 that included strong financial performance, new and expansion deployments with marquee restaurant brands, and platform reliability and innovation that powered $29 billion in gross merchandise volume and $2.8 billion in gross payment volume for the year,” said Noah Glass, Olo’s founder and CEO.

Contact:

Executives-Edge.com

Editor@executives-edge.com

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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOlo Q4 Revenue Up 21%, Beats Estimates\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Exec Edge</strong><span class=\"h-time small\">2025-02-26 06:28</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p><img height=\"806\" src=\"https://s1.yimg.com/uu/api/res/1.2/LDbHHvhjoY5Pg_xmHamBWQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/exec_edge_220/892285a2f30c97fa01df11a2de6642dc\" width=\"729\"/></p>\n<p>By Karen Roman</p>\n<p>Restaurant technology provider <a href=\"https://laohu8.com/S/OLO\">Olo Inc.</a> (NYSE: OLO) said fourth-quarter revenue increased 21% to $76.1 million year-over-year, beating analysts’ estimates.</p>\n<p>Gross profit grew 11% to reach $40.3 million, while non-GAAP net income was $11.3 million, or $0.06 per share, compared to $8.5 million, or $0.05 per share the year prior, it said.</p>\n<p>The company also highlighted its partnership with FreedomPay to penetrate the $100+ billion in card-present gross payment volume within its existing base.</p>\n<p>Olo said it projects FY 2025 revenue to be in the range of $333 million to $336 million and non-GAAP operating income to be between $45.5 million to $47.0 million.</p>\n<p>“Team Olo put together a fantastic 2024 that included strong financial performance, new and expansion deployments with marquee restaurant brands, and platform reliability and innovation that powered $29 billion in gross merchandise volume and $2.8 billion in gross payment volume for the year,” said Noah Glass, Olo’s founder and CEO.</p>\n<p>Contact:</p>\n<p>Executives-Edge.com</p>\n<p>Editor@executives-edge.com</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.yahoo.com/news/olo-q4-revenue-21-beats-222844419.html\">Exec Edge</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OLO","symbol_name":"PowerShares DB Crude Oil Long ET","start_time":0,"source_url":"https://finance.yahoo.com/news/olo-q4-revenue-21-beats-222844419.html","article_id":"2514104072","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514104072","pubTimestamp":1740522524,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Restaurant technology provider Olo Inc.  said fourth-quarter revenue increased 21% to $76.1 million year-over-year, beating analysts’ estimates.Gross profit grew 11% to reach $40.3 million, while non-GAAP net income was $11.3 million, or $0.06 per share, compared to $8.5 million, or $0.05 per share the year prior, it said.The company also highlighted its partnership with FreedomPay to penetrate the $100+ billion in card-present gross payment volume within its existing base.Olo said it projects FY 2025 revenue to be in the range of $333 million to $336 million and non-GAAP operating income to be between $45.5 million to $47.0 million.“Team Olo put together a fantastic 2024 that included strong financial performance, new and expansion deployments with marquee restaurant brands, and platform reliability and innovation that powered $29 billion in gross merchandise volume and $2.8 billion in gross payment volume for the year,” said Noah Glass, Olo’s founder and CEO.","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第四季度收入增长21%，超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OLO":0.9},"content_text":"By Karen Roman\nRestaurant technology provider Olo Inc. (NYSE: OLO) said fourth-quarter revenue increased 21% to $76.1 million year-over-year, beating analysts’ estimates.\nGross profit grew 11% to reach $40.3 million, while non-GAAP net income was $11.3 million, or $0.06 per share, compared to $8.5 million, or $0.05 per share the year prior, it said.\nThe company also highlighted its partnership with FreedomPay to penetrate the $100+ billion in card-present gross payment volume within its existing base.\nOlo said it projects FY 2025 revenue to be in the range of $333 million to $336 million and non-GAAP operating income to be between $45.5 million to $47.0 million.\n“Team Olo put together a fantastic 2024 that included strong financial performance, new and expansion deployments with marquee restaurant brands, and platform reliability and innovation that powered $29 billion in gross merchandise volume and $2.8 billion in gross payment volume for the year,” said Noah Glass, Olo’s founder and CEO.\nContact:\nExecutives-Edge.com\nEditor@executives-edge.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}