Olo Q1 2024 Adj EPS $0.05 Beats $0.04 Estimate, Sales $66.511M Beat $64.293M Estimate
Portfolio Pulse from Benzinga Newsdesk
Olo (NYSE:OLO) reported Q1 2024 earnings of $0.05 per share, surpassing the $0.04 estimate, marking a 150% increase from last year. Sales reached $66.511M, beating the $64.293M estimate, a 27.32% increase from the previous year.
May 07, 2024 | 9:09 pm
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Olo reported a significant beat on both earnings and sales estimates for Q1 2024, with EPS at $0.05 and sales at $66.511M, indicating strong year-over-year growth.
Olo's earnings and sales beat are significant indicators of the company's strong performance and growth, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100