Latest news with #Olo
New Indian Express
22-05-2025
- Entertainment
- New Indian Express
Shades of Discovery
Just when you thought there was nothing more left in the world to be discovered (for have we ever spared any corner of this planet?), along comes the news of another discovery. A new colour named Olo. The colour is a saturated blue-green, much like peacock blue or teal. So, where and how did this colour pop up suddenly? How did it manage to escape our scrutiny so far? Why didn't we ever see it until now? The answer to this is perhaps the simple reason that it lies beyond our sight. So far, only five humans have ever seen the colour. Following an experiment in which researchers stimulated individual cells in their retinas by firing laser pulses into their eyes, the laser enabled them to push their perceptions beyond the normal limits. Thus, the hitherto reclusive Olo presented itself in all its splendour. Olo is an experience that cannot be accurately and truthfully described in words. It cannot be faithfully reproduced by any computer or artist too, as it is not visible to the naked eye. This only means that it will be a long time before it can surface on our phone screens or on the canvas of any artist. The discovery, for now, will aid the research into how the brain creates visual perceptions and also help understand colour blindness and other diseases that affect sight. This isn't any lone discovery; it must be stated. The history of art has several examples of artists who discovered new hues or created them. Anish Kapoor, the renowned British-Indian artist, sparked a controversy in the world of art when he secured the exclusive rights to use a shade called Vantablack. Crowned as the blackest black, the colour which absorbs 99.8 per cent of all light was invented by a UK firm for military purposes, but Kapoor saw the immense potential for its use in art and quickly signed a contract to establish sole rights to use the material in his paintings and sculptures. He has used it since, in his artworks, to create a spectacular vision of bottomless depths and dark voids. There was obviously a furore over this, with an artist even going forth to create colours that were blacker or pinker, while making it available for anyone but Kapoor to use. French artist Yves Klein, similarly, invented and then patented a shade of ultramarine in the early 60's, which he named International Klein Blue (IKB). Collaborating with an art paint supplier, he came up with the formula for IKB and used it extensively in his career as the main component. He even made naked models painted in the colour, roll around or walk on blank canvases, to create artworks with the imprints made during their performance. Every single colour discovered or invented can only make an artist's canvas richer. And the art that follows these discoveries will surely make the world we inhabit beautiful and meaningful. Colours are the poetry of life indeed!
Yahoo
19-05-2025
- Business
- Yahoo
Agilysys (AGYS) Reports Q1: Everything You Need To Know Ahead Of Earnings
Hospitality industry software provider Agilysys (NASDAQ:AGYS) will be announcing earnings results tomorrow afternoon. Here's what to look for. Agilysys missed analysts' revenue expectations by 5.2% last quarter, reporting revenues of $69.56 million, up 14.9% year on year. It was a slower quarter for the company, with full-year revenue guidance missing analysts' expectations. Is Agilysys a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Agilysys's revenue to grow 15.1% year on year to $71.61 million, slowing from the 17.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.29 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Agilysys has missed Wall Street's revenue estimates four times over the last two years. Looking at Agilysys's peers in the vertical software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Olo delivered year-on-year revenue growth of 21.3%, beating analysts' expectations by 4.1%, and Toast reported revenues up 24.4%, falling short of estimates by 0.8%. Olo traded up 7.6% following the results while Toast was also up 11.6%. Read our full analysis of Olo's results here and Toast's results here. There has been positive sentiment among investors in the vertical software segment, with share prices up 22.9% on average over the last month. Agilysys is up 26.9% during the same time and is heading into earnings with an average analyst price target of $122 (compared to the current share price of $86). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
08-05-2025
- Business
- Business Wire
Olo Announces First Quarter 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Olo Inc. (NYSE:OLO) ('Olo' or the 'Company'), a leading open SaaS platform for restaurants, today announced financial results for the first quarter ended March 31, 2025. 'Olo's first quarter was a strong start to the year, with revenue and non-GAAP operating income exceeding the high-end of our guidance ranges, and an impressive list of new customer deployments and expansions that helped increase location count by approximately 2,000 quarter-to-quarter,' said Noah Glass, Olo's Founder and CEO. 'With our scaled network of enterprise brands, our reliable platform, and nearly twenty years of experience in helping brands do more with less, we believe Olo is well positioned to help restaurants capitalize on the secular trend of leveraging data to improve the guest experience and drive profitable traffic.' First Quarter Financial and Other Highlights Total revenue increased 21% year-over-year to $80.7 million. Total platform revenue increased 20% year-over-year to $79.2 million. Gross profit increased 19% year-over-year to $44.3 million, and was 55% of total revenue. Non-GAAP gross profit increased 18% year-over-year to $49.2 million, and was 61% of total revenue. Operating loss was $2.4 million, or (3)% of total revenue, compared to operating loss of $7.2 million, or (11)% of total revenue, a year ago. Non-GAAP operating income was $11.5 million, or 14% of total revenue, compared to $5.6 million, or 8% of total revenue, a year ago. Net income was $1.8 million, or $0.01 per share, compared to a net loss of $2.4 million, or $0.01 per share a year ago. Non-GAAP net income was $11.8 million, or $0.07 per share, compared to non-GAAP net income of $7.8 million or $0.05 per share a year ago. Cash, cash equivalents, and short- and long-term investments totaled $401.8 million as of March 31, 2025. Average revenue per unit (ARPU) increased 12% year-over-year to approximately $911. Dollar-based net revenue retention (NRR) was 111%. Ending active locations increased 8% year-over year to approximately 88,000, up approximately 2,000 from the quarter ended December 31, 2024. First Quarter and Recent Business Highlights Enterprise brands: Multi-module new deployments included Ben & Jerry's on Olo Ordering, Rails and Olo Pay for card-not-present transactions. Additional new deployments included Gong Cha and Pilot Travel Centers on Olo Rails. Expansion deployments included Waffle House on Dispatch, and First Watch on Olo Pay for card-not-present transactions. Emerging enterprise brands: Multi-suite new deployments with more than one dozen brands, including Cupbop Korean BBQ and Swensons. Expansion deployments included Rubio's and Sonny's BBQ, with Olo Pay card-not-present for their Olo Ordering and Catering+ powered channels. Catering+: Expansion deployments included enterprise brands El Pollo Loco, Halal Guys, and Salad & Go. Innovation: Announced numerous product enhancements during Olo's 2025 Spring Release event, including: the beta launch of Olo Guest Intelligence, which surfaces valuable, data-driven insights within the Olo Dashboard to inform a brand's business decisions; a Catering+ calendaring feature to streamlines order planning and management; and a preferred loyalty program integration for Engage with Thanx. The full list of features announced are available by visiting Leadership: Announced the hiring of Parrish Chapman as Olo's new chief sales officer, who joined Olo on May 5, 2025. Reporting to Founder and CEO, Noah Glass, Mr. Chapman joins Olo from GRUBBRR, a kiosk and digital ordering solutions provider, where he spent the last year as chief revenue officer. Prior to GRUBBRR, Mr. Chapman held leadership roles at Samsung Electronics, Panasonic North America, and Treats Management Company, a 43-unit Dairy Queen franchisee. Please visit for Mr. Chapman's full biography. Financial Outlook As of May 8, 2025, Olo is issuing the following outlook: For the second quarter of 2025, Olo expects to report: Revenue in the range of $82.0 million to $82.5 million; and Non-GAAP operating income in the range of $11.5 million to $11.8 million. For fiscal year 2025, Olo expects to report: Revenue in the range of $338.5 million to $340.0 million; and Non-GAAP operating income in the range of $48.6 million to $49.8 million. The outlook provided above constitutes forward-looking information within the meaning of applicable securities laws and is based on a number of assumptions and subject to a number of risks. Actual results could vary materially as a result of numerous factors, including inaccuracies in our assumptions and certain risk factors, many of which are beyond Olo's control. Olo assumes no obligation to update these forward-looking statements. See the cautionary note regarding 'Forward-Looking Statements' below. Webcast and Conference Call Information Olo will host a conference call today, May 8, 2025, at 5:00 p.m. Eastern Time to discuss the Company's financial results and financial outlook. A live webcast of this conference call will be available on the 'Investor Relations' website at and a replay will be archived on the website as well. Available Information Olo announces material information to the public about the Company, its products and services, and other matters through a variety of means, including filings with the SEC, press releases, public conference calls, webcasts, the 'Investor Relations' website at and the Company's X (formerly Twitter) account @Olo in order to achieve broad, non-exclusionary distribution of information to the public and for complying with its disclosure obligations under Regulation FD. About Olo Olo (NYSE: OLO) is a leading restaurant technology provider with ordering, payment, and guest engagement solutions that help brands increase orders, streamline operations, and improve the guest experience. Each day, Olo processes millions of orders on its open SaaS platform, gathering the right data from each touchpoint into a single source—so restaurants can better understand and better serve every guest on every channel, every time. Over 750 restaurant brands trust Olo and its network of more than 400 integration partners to innovate on behalf of the restaurant community, accelerating technology's positive impact and creating a world where every restaurant guest feels like a regular. Learn more at Non-GAAP Financial Measures and Other Metrics Non-GAAP Financial Measures In this press release, we refer to non-GAAP financial measures that are derived on the basis of methodologies other than in accordance with generally accepted accounting principles in the United States, or GAAP. We use non-GAAP financial measures, as described below, in conjunction with financial measures prepared in accordance with GAAP for planning purposes, including in the preparation of our annual operating budget, as a measure of our core operating results and the effectiveness of our business strategy, and in evaluating our financial performance. These measures provide consistency and comparability with past financial performance as measured by such non-GAAP figures, facilitate period-to-period comparisons of core operating results, and assist shareholders in better evaluating us by presenting period-over-period operating results without the effect of certain charges or benefits that may not be consistent or comparable across periods or compared to other registrants' similarly named non-GAAP financial measures and key performance indicators. A reconciliation of these non-GAAP measures has been provided in the financial statement tables included in this press release and investors are encouraged to review the reconciliation. Our use of non-GAAP financial measures has limitations as an analytical tool, and these measures should not be considered in isolation or as a substitute for analysis of our financial results as reported under GAAP. Because our non-GAAP financial measures are not calculated in accordance with GAAP, they may not necessarily be comparable to similarly titled measures employed by other companies. The following are the non-GAAP financial measures referenced in this press release and presented in the tables below: non-GAAP gross profit (total and each line item, and total and each non-GAAP gross profit item on a margin basis as a percentage of revenue), non-GAAP operating expenses (each line item and each non-GAAP operating expense item on a margin basis as a percentage of revenue), non-GAAP operating income (and on a margin basis as a percentage of revenue), non-GAAP net income (and on a per share basis), and free cash flow. We adjust our GAAP financial measures for the following items to calculate one or more of our non-GAAP financial measures (other than free cash flow): stock-based compensation expense (non-cash expense calculated by companies using a variety of valuation methodologies and subjective assumptions) and related payroll tax expense, certain litigation-related expenses, net of recoveries (which relate to legal and other professional fees associated with litigation-related matters that are not indicative of our core operations and are not part of our normal course of business), and capitalized internal-use software and intangible amortization. We have included the tax impact of the non-GAAP adjustments in determining non-GAAP net income. We determined this amount by utilizing a federal rate plus a net state rate that excluded the impact of net operating losses, or NOLs, and valuation allowances to calculate a non-GAAP blended statutory rate, which we then applied to all non-GAAP adjustments. Reconciliation of non-GAAP operating income guidance to the most directly comparable GAAP measures is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity, and low visibility with respect to the charges excluded from these non-GAAP measures; in particular, the measures and effects of stock-based compensation expense and related payroll tax expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in our stock price. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results. Management believes that it is useful to exclude certain non-cash charges and non-core operational charges from our non-GAAP financial measures because: (1) the amount of such expenses in any specific period may not directly correlate to the underlying performance of our business operations and we believe does not relate to ongoing operational performance; and (2) such expenses can vary significantly between periods. Free cash flow represents net cash provided by or used in operating activities, reduced by purchases of property and equipment and capitalization of internal-use software. Free cash flow is a measure used by management to understand and evaluate our liquidity and how it can be used to generate future growth. Free cash flow excludes items that we do not consider to be indicative of our liquidity and facilitates comparisons of our liquidity on a period-to-period basis. We believe providing free cash flow provides useful information to investors and others in understanding and evaluating the strength of our liquidity and future ability to generate cash that can be used for strategic opportunities or investing in our business from the perspective of our management and Board of Directors. Key Performance Indicators In addition, we also use the following key performance indicators to help us evaluate our business, identify trends affecting the business, formulate business plans, and make strategic decisions. Average revenue per unit (ARPU): We calculate ARPU by dividing the total platform revenue in a given period by the average active locations in that same period. We believe ARPU is an important metric that demonstrates our ability to grow within our customer base through the development of products that our customers value. Dollar-based net revenue retention (NRR): We calculate NRR as of a period-end by starting with the revenue, defined as platform revenue, from the cohort of all active customers as of 12 months prior to such period-end, or the prior period revenue. An active customer is a specific restaurant brand that utilizes one or more of our modules in a given quarterly period. We then calculate the platform revenue from these same customers as of the current period-end, or the current period revenue. Current period revenue includes any expansion and is net of contraction or attrition over the last 12 months, but excludes platform revenue from new customers in the current period. We then divide the total current period revenue by the total prior period revenue to arrive at the point-in-time dollar-based NRR. We believe that NRR is an important metric to our investors, demonstrating our ability to retain our customers and expand their use of our modules over time, proving the stability of our revenue base and the long-term value of our customer relationships. Active locations: We define an active location as a unique restaurant location that is utilizing or subscribed to one or more of our modules in a quarterly period (depending on the module). Given this definition, active locations in any one quarter may not reflect (i) the future impact of new customer wins as it can take some time for their locations to go live with our platform, or (ii) the customers who have indicated their intent to reduce or terminate their use of our platform in future periods. Of further note, not all of our customer locations may choose to utilize our products, and while we aim to deploy all of a customer's locations, not all locations may ultimately deploy. Gross merchandise volume (GMV): We define GMV as the gross value of orders processed through our platform. Gross payment volume (GPV): We define GPV as the gross volume of payments processed through Olo Pay. Our management uses GMV and GPV metrics to assess demand for our products. We also believe GMV and GPV provide investors with useful supplemental information about the financial performance of our business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business. Forward-Looking Statements Statements we make in this press release include statements that are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act, which may be identified by the use of words such as 'anticipates,' 'believes,' 'continue,' 'estimates,' 'expects,' 'intends,' 'may,' 'plans,' 'projects,' 'outlook,' 'seeks,' 'should,' 'will,' and similar terms or the negative of such terms. All statements other than statements of historical fact are forward-looking statements for purposes of this release. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act and are making this statement for purposes of complying with those safe harbor provisions. These statements include, but are not limited to, our financial guidance for the second quarter of 2025 and the full year 2025, our future performance and growth and market opportunities, including new products and continued module adoption among new and existing customers, the future expansion of key performance metrics, revenue expectations for our Order, Pay, and Engage suites, our business strategy, and our expectations regarding other financial and operational metrics and advancements in our industry. Accordingly, actual results could differ materially or such uncertainties could cause adverse effects on our results. Forward-looking statements are based upon various estimates and assumptions, as well as information known to us as of the date of this press release, and are subject to risks and uncertainties, including but not limited to: the effects of macroeconomic conditions, including inflation, changes in discretionary spending, fluctuating interest rates, tariffs, geopolitical instability, and overall market uncertainty; our ability to acquire new customers, have existing customers (including our emerging enterprise customers) adopt additional modules, and successfully retain existing customers; our ability to compete effectively with existing competitors, new market entrants, and customers generally developing their own solutions to replace our products; our ability to develop and release new and successful products and services, and develop and release successful enhancements, features, and modifications to our existing products and services; the growth of Olo Pay; the costs and success of our sales and marketing efforts, and our ability to promote our brand; our long and unpredictable sales cycles; our ability to identify, recruit, and retain skilled personnel; our ability to effectively manage our growth, including any international expansion; our ability to realize the anticipated benefits of past or future investments, strategic transactions, or acquisitions, and the risk that the integration of these acquisitions may disrupt our business and management; our ability to protect our intellectual property rights and any costs associated therewith; the growth rates of the markets in which we compete and our ability to expand our market opportunity; our actual or perceived failure to comply with our obligations related to data privacy, cybersecurity, and processing payment transactions; the impact of new and existing laws and regulations or changes in governmental policies on our business; changes to our strategic relationships with third parties; our reliance on a limited number of delivery service providers and aggregators; our ability to generate revenue from our product offerings and the effects of fluctuations in our level of customer spend retention; the durability of the growth we experienced in the past, guest preferences for digital ordering and customer adoption of multiple modules; public health crises; and other general market, political, economic, and business conditions. Actual results could differ materially from those predicted or implied, and reported results should not be considered an indication of future performance. Additionally, these forward-looking statements, particularly our guidance, involve risks, uncertainties, and assumptions, including those related to our customers' spending decisions and guest ordering behavior. Significant variations from the assumptions underlying our forward-looking statements could cause our actual results to vary, and the impact could be significant. Additional risks and uncertainties that could affect our financial results and forward-looking statements are included under the caption 'Risk Factors' in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 that will be filed following this press release, our Annual Report on Form 10-K for the year ended December 31, 2024, and our other SEC filings, which are available on our 'Investor Relations' website at and on the SEC website at Undue reliance should not be placed on the forward-looking statements in this press release. All forward-looking statements contained herein are based on information available to us as of the date hereof, and we do not assume any obligation to update these statements as a result of new information or future events. 2025 As of December 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 287,488 $ 286,757 Short-term investments 70,984 73,978 Accounts receivable, net of expected credit losses of $4,900 and $4,592, respectively 72,908 61,589 Contract assets 1,000 892 Deferred contract costs 5,849 5,635 Prepaid expenses and other current assets 20,987 19,470 Total current assets 459,216 448,321 Property and equipment, net of accumulated depreciation and amortization of $23,511 and $20,253, respectively 25,861 26,318 Intangible assets, net of accumulated amortization of $13,162 and $12,205, respectively 12,840 13,797 Goodwill 207,781 207,781 Contract assets, noncurrent 902 826 Deferred contract costs, noncurrent 5,264 5,621 Operating lease right-of-use assets 9,254 9,709 Long-term investments 43,371 42,376 Other assets, noncurrent 90 27 Total assets $ 764,579 $ 754,776 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 540 $ 1,431 Accrued expenses and other current liabilities 51,186 53,894 Unearned revenue 3,938 1,869 Operating lease liabilities, current 2,257 2,400 Total current liabilities 57,921 59,594 Unearned revenue, noncurrent 386 375 Operating lease liabilities, noncurrent 11,000 11,584 Other liabilities, noncurrent — — Total liabilities 69,307 71,553 Stockholders' equity: Class A common stock, $0.001 par value; 1,700,000,000 shares authorized at March 31, 2025 and December 31, 2024; 116,811,462 and 115,635,624 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively. Class B common stock, $0.001 par value; 185,000,000 shares authorized at March 31, 2025 and December 31, 2024; 50,307,240 and 50,307,240 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 167 166 Preferred stock, $0.001 par value; 20,000,000 shares authorized at March 31, 2025 and December 31, 2024 — — Additional paid-in capital 909,887 899,754 Accumulated deficit (214,920 ) (216,726 ) Accumulated other comprehensive income 138 29 Total stockholders' equity 695,272 683,223 Total liabilities and stockholders' equity $ 764,579 $ 754,776 Expand OLO INC. Condensed Consolidated Statements of Operations (Unaudited) (in thousands, except share and per share amounts) Three Months Ended March 31, 2025 2024 Revenue: Platform $ 79,231 $ 65,765 Professional services and other 1,449 746 Total revenue 80,680 66,511 Cost of revenue: Platform 35,596 28,328 Professional services and other 770 975 Total cost of revenue 36,366 29,303 Gross profit 44,314 37,208 Operating expenses: Research and development 17,108 16,999 General and administrative 15,790 12,756 Sales and marketing 13,832 14,613 Total operating expenses 46,730 44,368 Loss from operations (2,416 ) (7,160 ) Other income, net: Interest income 4,197 4,907 Interest expense (15 ) (69 ) Other income, net 122 3 Total other income, net 4,304 4,841 Income (loss) before income taxes 1,888 (2,319 ) Provision for income taxes 82 37 Net income (loss) $ 1,806 $ (2,356 ) Net income (loss) per share attributable to Class A and Class B common stockholders: Basic $ 0.01 $ (0.01 ) Diluted $ 0.01 $ (0.01 ) Weighted-average Class A and Class B common shares outstanding: Basic 166,330,328 162,320,759 Diluted 178,703,591 162,320,759 Expand OLO INC. Condensed Consolidated Statements of Cash Flows (Unaudited) (in thousands) Three Months Ended March 31, 2025 2024 Operating activities Net income (loss) $ 1,806 $ (2,356 ) Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation and amortization 4,243 3,103 Stock-based compensation 9,435 10,840 Provision for expected credit losses 821 1,433 Non-cash lease expense 455 650 Other non-cash operating activities, net (195 ) (548 ) Changes in operating assets and liabilities: Accounts receivable (12,139 ) (3,553 ) Contract assets (184 ) (23 ) Prepaid expenses and other current and noncurrent assets (1,581 ) (104 ) Deferred contract costs 143 (178 ) Accounts payable (890 ) (2,531 ) Accrued expenses and other current liabilities (2,719 ) (1,109 ) Operating lease liabilities (727 ) (695 ) Unearned revenue 2,080 1,207 Other liabilities, noncurrent — (109 ) Net cash provided by operating activities 548 6,027 Investing activities Purchases of property and equipment (93 ) (68 ) Capitalized internal-use software (2,356 ) (3,149 ) Purchases of investments (29,967 ) (34,531 ) Sales and maturities of investments 32,270 26,732 Net cash used in investing activities (146 ) (11,016 ) Financing activities Cash received for employee payroll tax withholdings 2,654 1,889 Cash paid for employee payroll tax withholdings (2,645 ) (1,876 ) Proceeds from exercise of stock options 320 1,133 Repurchase of common stock — (15,290 ) Net cash provided by (used in) financing activities 329 (14,144 ) Net increase (decrease) in cash and cash equivalents 731 (19,133 ) Cash and cash equivalents, beginning of period 286,757 278,218 Cash and cash equivalents, end of period $ 287,488 $ 259,085 Expand OLO INC. Reconciliation of GAAP to Non-GAAP Results (Unaudited) (in thousands, except for percentages and share and per share amounts) Three Months Ended March 31, 2025 2024 Gross profit and gross margin reconciliation: Platform gross profit, GAAP $ 43,635 $ 37,437 Plus: Stock-based compensation expense and related payroll tax expense 1,018 1,559 Plus: Capitalized internal-use software and intangible amortization 3,762 2,639 Platform gross profit, non-GAAP 48,415 41,635 Services gross profit, GAAP 679 (229 ) Plus: Stock-based compensation expense and related payroll tax expense 79 129 Services gross profit, non-GAAP 758 (100 ) Total gross profit, GAAP 44,314 37,208 Total gross profit, non-GAAP 49,173 41,535 Platform gross margin, GAAP 55 % 57 % Platform gross margin, non-GAAP 61 % 63 % Services gross margin, GAAP 47 % (31 )% Services gross margin, non-GAAP 52 % (13 )% Total gross margin, GAAP 55 % 56 % Total gross margin, non-GAAP 61 % 62 % Expand Three Months Ended March 31, 2025 2024 Sales and marketing reconciliation: Sales and marketing, GAAP $ 13,832 $ 14,613 Less: Stock-based compensation expense and related payroll tax expense 1,612 1,557 Less: Intangible amortization 341 341 Sales and marketing, non-GAAP 11,879 12,715 Sales and marketing as % total revenue, GAAP 17 % 22 % Sales and marketing as % total revenue, non-GAAP 15 % 19 % Expand Three Months Ended March 31, 2025 2024 Research and development reconciliation: Research and development, GAAP $ 17,108 $ 16,999 Less: Stock-based compensation expense and related payroll tax expense 2,206 3,134 Research and development, non-GAAP 14,902 13,865 Research and development as % total revenue, GAAP 21 % 26 % Research and development as % total revenue, non-GAAP 18 % 21 % Expand Three Months Ended March 31, 2025 2024 General and administrative reconciliation: General and administrative, GAAP $ 15,790 $ 12,756 Less: Stock-based compensation expense and related payroll tax expense 4,917 4,749 Less: Certain litigation-related expenses, net of recoveries — (1,372 ) Less: Intangible amortization 8 41 General and administrative, non-GAAP 10,865 9,338 General and administrative as % total revenue, GAAP 20 % 19 % General and administrative as % total revenue, non-GAAP 13 % 14 % Expand OLO INC. Reconciliation of GAAP to Non-GAAP Results (Unaudited) (in thousands, except for percentages and share and per share amounts) Three Months Ended March 31, 2025 2024 Operating income (loss) reconciliation: Operating loss, GAAP $ (2,416 ) $ (7,160 ) Plus: Stock-based compensation expense and related payroll tax expense 9,832 11,128 Plus: Certain litigation-related expenses, net of recoveries — (1,372 ) Plus: Capitalized internal-use software and intangible amortization 4,111 3,021 Operating income, non-GAAP 11,527 5,617 Operating margin, GAAP (3 )% (11 )% Operating margin, non-GAAP 14 % 8 % Expand March 31, 2025 2024 Net income (loss) reconciliation: Net income (loss), GAAP $ 1,806 $ (2,356 ) Plus: Stock-based compensation expense and related payroll tax expense 9,832 11,128 Plus: Certain litigation-related expenses, net of recoveries — (1,372 ) Plus: Capitalized internal-use software and intangible amortization 4,111 3,021 Less: Tax impact of non-GAAP adjustments (1) (3,925 ) (2,599 ) Net income, non-GAAP 11,824 7,822 Fully diluted net income (loss) per share attributable to Class A and Class B common stockholders, GAAP $ 0.01 $ (0.01 ) Fully diluted weighted average Class A and Class B common shares outstanding, GAAP 178,703,591 162,320,759 $ 0.07 $ 0.05 Fully diluted Class A and Class B common shares outstanding, non-GAAP 178,703,591 172,729,774 Expand ________________________ (1) We utilized a federal rate plus a net state rate that excluded the impact of NOLs and valuation allowances to calculate our non-GAAP blended statutory rate of 25.31% and 25.83% for the three months ended March 31, 2025 and 2024, respectively. 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Yahoo
03-05-2025
- Business
- Yahoo
Why Oracle Stock Was on Fire Today
A media report stated that the company could make a play for a tasty asset. So far, however, this is just speculation. Speculation about a niche technology company possibly changing hands pushed up Oracle's (NYSE: ORCL) stock price on Thursday. The database king was mentioned by more than one speculating party as a potential buyer of the company, which has posted some impressive top-line growth numbers in its time. Oracle shares ended the day's trading session up by over 3%, comparing quite favorably to the S&P 500 index's 0.6% bump higher. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » After market hours Wednesday, Bloomberg published an article stating that restaurant software specialist Olo (NYSE: OLO) is considering a potential sale. Citing unidentified "people familiar with the matter," the financial news agency said that Olo management is working with a financial advisor to help it ascertain interest from prospective buyers. They said Oracle could be one of these, as could Olo's rival restaurant tech solutions provider, Toast. The article's sources stressed that the situation is at an early stage and might not result in Olo chasing a deal. The company has not yet officially commented on the article, nor has Oracle or Toast. Oracle was surely mentioned as a potential suitor because the tech sector mainstay has been here before -- Bloomberg pointed out that in 2014, it purchased Micros Systems, a developer of solutions for the restaurant and retail industries, for $5.3 billion. Additionally, Oracle has deep pockets, and while Olo doesn't have a monster market cap ($1.2 billion), it might be too costly for a would-be acquirer that lacks sufficient financial resources. Of course, none of this has been officially acknowledged by the companies mentioned in the article, so investors shouldn't trade any based on speculation. This could develop into a very interesting story, however, so it's worth tracking for any Oracle or Toast investor (and Olo shareholder, of course). Before you buy stock in Oracle, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Oracle wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $610,327!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $667,581!* Now, it's worth noting Stock Advisor's total average return is 882% — a market-crushing outperformance compared to 161% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 28, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Olo, Oracle, and Toast. The Motley Fool has a disclosure policy. Why Oracle Stock Was on Fire Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
02-05-2025
- Business
- Yahoo
Olo jumps after Bloomberg says company exploring possible sale
Shares of Olo (OLO) are up 69c, or 11%, in early Thursday trading to $6.89 after Bloomberg published an article last night stating that the company is exploring a potential sale of its business. The restaurant software provider, which counts restaurateur Danny Meyer and The Raine Group among its backers, is working with a financial adviser to help it gauge interest from potential buyers, people familiar with the matter told Bloomberg's Ryan Gould. The company could appeal to industry players such as rival Toast (TOST) as well as Oracle (ORCL), which in 2014 acquired restaurant and retail technology provider Micros Systems for $5.3B, the sources are reported to have said. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on OLO: Disclaimer & DisclosureReport an Issue Olo price target lowered to $8 from $9 at RBC Capital Olo participates in a conference call with Benchmark Sign in to access your portfolio
