Olo Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 57.79 million compared to USD 47.27 million a year ago. Net loss was USD 11.76 million compared to USD 14.56 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to USD 0.09 a year ago.
For the nine months, revenue was USD 165.29 million compared to USD 135.62 million a year ago. Net loss was USD 42.54 million compared to USD 37.74 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 0.26 compared to USD 0.23 a year ago.