NYSE$OLO
Olo Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Olo's revenue and profitability momentum continued with strong revenue growth.
Olo Inc. reported a 36% year-over-year increase in total revenue, reaching $37.4 million for the third quarter ended September 30, 2021. The company's platform revenue grew by 38% year-over-year to $36.1 million. Olo's Non-GAAP net income was $5.0 million, or $0.03 per share.
- Total revenue increased 36% year-over-year to $37.4 million.
- Platform revenue increased 38% year-over-year to $36.1 million.
- Gross profit increased 29% year-over-year to $29.2 million, or 78% of total revenue.
- Ending active locations increased 26% year-over-year to approximately 76,000.
Headline financials
Revenue & EPS history
Olo · Revenue · Quarterly
$37.4M
Revenue by segment
Olo · $37.4M total across 2 segments · Q3 2021
- Platform Revenue$36.1M—96.5%
- Professional Services and Other$1.31M—3.5%
Forward guidance
Olo is issuing the following outlook for the fourth quarter of 2021 and fiscal year 2021:
Tailwinds
- Revenue in the range of $38.8 million to $39.3 million for Q4 2021.
- Non-GAAP operating income in the range of $2.8 million to $3.2 million for Q4 2021.
- Revenue in the range of $148.2 million to $148.7 million for fiscal year 2021.
- Non-GAAP operating income in the range of $19.8 million to $20.2 million for fiscal year 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports
-2.9%
Avg return
Earnings day
+1.0%
Avg return
5 days after
-2.1%
Avg return
30 days after
52%
11 / 21 earnings
Positive
+11.6%
Q2 2024
Best reaction
-37.6%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | +0.7% | -1.1% | -0.6% | |
| Q1 2025 | +6.5% | +16.5% | +9.9% | |
| Q4 2024 | +4.3% | +0.3% | -3.0% | |
| Q3 2024 | +3.2% | +24.3% | +35.6% | |
| Q2 2024 | +11.6% | +3.5% | +8.1% | |
| Q1 2024 | -3.5% | -2.1% | -7.0% | |
| Q4 2023 | +0.9% | +2.2% | -11.6% | |
| Q3 2023 | -24.5% | -18.2% | +0.3% | |
| Q2 2023 | -2.4% | -6.1% | -18.2% | |
| Q1 2023 | +9.1% | +4.4% | +4.1% | |
| Q4 2022 | +6.3% | +2.0% | -6.2% | |
| Q3 2022 | +6.9% | +3.1% | -15.9% | |
| Q2 2022 | -37.6% | -38.5% | -37.0% | |
| Q1 2022 | +2.2% | +24.3% | +11.9% | |
| Q4 2019 | +5.0% | — | — | |
| Q4 2021 | -7.2% | — | — | |
| Q3 2021 | -2.1% | — | — | |
| Q2 2020 | -5.6% | — | — | |
| Q2 2021 | -5.6% | — | — | |
| Q1 2020 | -18.2% | — | — | |
| Q1 2021 | -9.9% | — | — |
Discussion
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