Olo Q3 Adj EPS $0.04, Inline, Sales $57.79M Beat $56.31M Estimate
Portfolio Pulse from bharat@benzinga.com
Olo (NYSE:OLO) reported Q3 earnings of $0.04 per share, meeting analyst consensus. This is a 100% increase from the same period last year. The company also reported quarterly sales of $57.79 million, beating the analyst consensus estimate of $56.31 million by 2.64%. This is a 22.27% increase from the same period last year.
November 06, 2023 | 9:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Olo's Q3 earnings met analyst expectations and showed significant YoY growth. Sales also exceeded estimates and showed a strong YoY increase.
Olo's Q3 earnings met analyst expectations, which is a positive signal for investors. The YoY growth in earnings and sales indicates strong financial performance, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100