OLO (NYSE:OLO) issued an update on its second quarter 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $- for the period. The company issued revenue guidance of $33.90 million-34.40 million, compared to the consensus revenue estimate of $32.75 million.
Shares of OLO stock opened at $41.23 on Friday. The stock has a fifty day simple moving average of $30.30. OLO has a 12 month low of $22.88 and a 12 month high of $44.89.
OLO (NYSE:OLO) last issued its earnings results on Tuesday, May 11th. The company reported ($0.01) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.02. The firm had revenue of $36.12 million for the quarter, compared to analyst estimates of $31.59 million. On average, research analysts forecast that OLO will post -0.07 EPS for the current year.
Olo Inc provides software-as-a-service platform for multi-location restaurants in the United States. The company's platform enables on-demand commerce operations, which cover digital ordering and delivery through online and mobile ordering modules. Its modules include Ordering, an on-demand commerce solution that enables consumers to order directly from and pay restaurants via mobile, web, kiosk, voice, and other digital channels; Dispatch, a fulfillment solution, which enables restaurants to offer, manage, and expand direct delivery; and Rails, an aggregator and channel management solution, which allows restaurants to control and syndicate menu, pricing, location data, and availability.
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