Second quarter earnings for restaurant technology platform Olo released Tuesday (Aug. 1) showcased strong company performance and a commitment to shaping the future of the restaurant industry through digital innovation. According to the results, Olo generated $55.3 million in total revenue in Q2, a 21% increase year...
Earnings season has just started — and for the companies forging new paths to commerce and payments, the quarterly report card gives a glimpse into progress and challenges. To that end, the CE 100 Index gained 0.5% through the week, as a few names chimed...
Restaurant technology platform Olo has begun offering card-present processing through its Olo Pay service. The company announced the launch in a news release Thursday (July 13), part of a larger rollout of new product enhancements. Olo says its card-present payment processing offering is available now when diners order...
Olo’s stocks plummeted last week after the company lowered its revenue outlook for the rest of the year, and founder and CEO Noah Glass said part of the problem was that restaurants were taking longer to make decisions about adding new technology. In a press...
July 24, 2023
Earnings season has just started — and for the companies forging new paths to commerce and payments, the quarterly report card gives a glimpse into progress and challenges. To that end, the CE 100 Index gained 0.5% through the week, as a few names chimed in with their results, though not all headlines revolved around […]
August 01, 2023
Second quarter earnings for restaurant technology platform Olo released Tuesday (Aug. 1) showcased strong company performance and a commitment to shaping the future of the restaurant industry through digital innovation. According to the results, Olo generated $55.3 million in total revenue in Q2, a 21% increase year over year (YoY), with gross profit increasing 11% YoY to […]
July 13, 2023
Restaurant technology platform Olo has begun offering card-present processing through its Olo Pay service. The company announced the launch in a news release Thursday (July 13), part of a larger rollout of new...
August 12, 2022
Olo’s stocks plummeted last week after the company lowered its revenue outlook for the rest of the year, and founder and CEO Noah Glass said part of the problem was...
