Revenue beats expectations, EPS lags


Olo (NYSE:OLO) Third Quarter 2022 Results

Main financial results

  • Revenue: $47.3 million (up 26% compared to Q3 2021).

  • Net loss: $14.6 million (expanded loss of 29% from Q3 2021).

  • Loss of $0.09 per share (still deteriorated from the loss of $0.076 in 3Q 2021).


All figures shown in the table above are for the 12 month period (TTM)

Olo’s revenue exceeds expectations, EPS is insufficient

Revenue beat analysts’ estimates by 1.3%. Earnings per share (EPS) missed analysts’ estimates by 148%.

Going forward, revenue is expected to grow 22% per year on average over the next 3 years, compared to a growth forecast of 9.4% for the US software industry.

Performance of the The American software industry.

The company’s shares rose 5.0% from a week ago.

Risk analysis

You should always think about the risks. Concrete example, we spotted 3 warning signs for Olo you should be aware.

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