Olo reports Q3 non-GAAP EPS 6c, consensus 5c

Reports Q3 revenue $71.9M, consensus $70.94M. “Team Olo (OLO) executed well on our top priorities in the third quarter and positioned us to complete a successful 2024. We continued to win, retain, and expand with brands, we drove further innovation across our Order, Pay, and Engage product suites – including the general availability of Olo Pay’s card-present functionality on Qu point-of-sale systems – and we delivered revenue and bottom line performance that exceeded the high-end of our guidance ranges,” said Noah Glass, Olo’s Founder and CEO. “Olo is winning on the strength of our open, enterprise-grade platform, while setting the table for brands to leverage their own transaction data to personalize the guest experience and drive profitable traffic.”