Shares of restaurant software company (NYSEOLO)
jumped 17.5% in the pre-market session after the company reported impressive fourth-quarter 2024 results that exceeded analysts' expectations for billings, revenue, and operating profits, while EPS was inline. Sales rose 21% year on year, driven by higher average revenue per unit and growth in active locations. However, net revenue retention declined to 115%, indicating that existing customers are not expanding usage as aggressively as before.
Looking ahead, full-year revenue guidance points to a potential slowdown, with projected growth trailing this year's 25% increase.
Overall, this was a mixed yet decent quarter.
Restaurant software company (NYSEOLO) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 20.7% year on year to $76.07 million. Guidance for next quarter’s revenue was better than expected at $77.45 million at the midpoint, 1.4% above analysts’ estimates. Its non-GAAP profit of $0.06 per share was in line with analysts’ consensus estimates.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Olo (NYSEOLO) and the best and worst performers in the vertical software industry.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at vertical software stocks, starting with Doximity (NYSEDOCS).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the vertical software industry, including Agilysys (NASDAQAGYS) and its peers.
What a time it’s been for Olo. In the past six months alone, the company’s stock price has increased by a massive 73.2%, reaching $7.55 per share. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Restaurant software company (NYSEOLO) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 24.3% year on year to $71.85 million. The company expects next quarter’s revenue to be around $72.75 million, close to analysts’ estimates. Its non-GAAP profit of $0.06 per share was also 16.1% above analysts’ consensus estimates.
Dutch Bros reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 2 cents by 350%. Quarterly sales clocked in at $275.1 million, beating the analyst consensus estimate of $254.5 million by 8.09% and representing a 39.46% increase over sales of $197.27 million from the same period last year.
