Olo reports Q1 EPS 7c, consensus 6c

Reports Q1 revenue $80.7M, consensus $77.4M. “Olo‘s (OLO) first quarter was a strong start to the year, with revenue and non-GAAP operating income exceeding the high-end of our guidance ranges, and an impressive list of new customer deployments and expansions that helped increase location count by approximately 2,000 quarter-to-quarter,” said Noah Glass, Olo’s Founder and CEO. “With our scaled network of enterprise brands, our reliable platform, and nearly twenty years of experience in helping brands do more with less, we believe Olo is well positioned to help restaurants capitalize on the secular trend of leveraging data to improve the guest experience and drive profitable traffic.”