Olo Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 63 million compared to USD 49.78 million a year ago. Net loss was USD 15.75 million compared to USD 8.23 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.05 a year ago.

For the full year, the company reported revenue was USD 228.29 million compared to USD 185.4 million a year ago. Net loss was USD 58.29 million compared to USD 45.97 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 0.28 a year ago. Diluted loss per share from continuing operations was USD 0.36 compared to USD 0.28 a year ago.