Olo Inc. (OLO) Tops Q2 EPS by 2c
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Olo (OLO) Upgraded at Stifel to 'Buy' on Strong 2Q Results, Announces Partnership with Just Eat Takeaway.com (GRUB)
August 11, 2021 9:21 AM EDTShares of Olo (NYSE: OLO) are up almost 1% in pre-open Wednesday after the company presented better-than-expected Q2 results.
Olo posted Q2 EPS of $0.03 per share to top the $0.01 expected from the market analysts. Revenue came in at $35.9 million to also beat the $34 million consensus.
The second quarter was another strong quarter of profitable growth for Olo. Restaurant digital sales proved durable during the second quarter, demonstrating that the restaurant industrys digital transformation is not just about delivery but all ordering modes. We are excited that Olos platform is enabling restaurant brands to... More
