OLO Stock Recent News

NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE: OLO), a leading restaurant technology provider, today announced that Red Lobster has returned to the Olo platform with an expanded partnership that surpasses their original 2017 engagement. After a brief departure to pursue an in-house digital ordering solution, Red Lobster has chosen to rejoin Olo's ecosystem, citing the platform's enhanced capabilities, cost-effectiveness, and ability to keep pace with evolving technology trends. The renewed partners.

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Olo (OLO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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Olo Inc. (NYSE:OLO ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Gary Fuges - Senior Vice President, Investor Relations Noah Glass - Founder & Chief Executive Officer Peter Benevides - Chief Financial Officer Conference Call Participants Connor Passarella - Truist Securities Mike Richards - RBC Capital Markets Max Michaelis - Lake Street Capital Markets Pat McIlwee - William Blair Operator Ladies and gentlemen, greetings, and welcome to the Olo Inc. First Quarter 2025 Earnings Conference Call. At this time, all participants are in the listen-only mode.

Although the revenue and EPS for Olo (OLO) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Olo Inc. (OLO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.05 per share a year ago.

Olo (OLO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Olo (OLO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

The Zacks Internet-Software Industry is currently in the top 33% of almost 240 Zacks industries and has a plethora of stocks that have made their way onto the Zacks Rank #1 (Strong Buy) list.