Olo ( (OLO) ) has shared an update.
Olo Inc. showcased robust financial growth in Q3 2024, with a 24% revenue increase year-over-year to $71.9 million and an ARPU rise of 15%, reflecting strong brand engagements and innovative developments in their Order, Pay, and Engage suites. The company reported a net loss reduction and a significant boost in non-GAAP net income, driven by expanded partnerships with major brands like Dutch Bros and Paris Baguette. Olo’s strategic focus on leveraging transaction data is enhancing personalized guest experiences, setting a promising trajectory for future growth.
See more data about OLO stock on TipRanks’ Stock Analysis page.
