Olo Inc. (OLO) Q3 2022 Earnings Call Transcript

Nov. 09, 2022 8:52 PM ETOlo Inc. (OLO)
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Olo Inc. (NYSE:OLO) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET

Company Participants

Stephanie Daukus - Vice President, Investor Relations

Noah Glass - Founder, Chief Executive Officer and Director

Peter Benevides - Chief Financial Officer

Conference Call Participants

Gabriela Borges - Goldman Sachs

Terry Tillman - Truist

Stephen Sheldon - William Blair

Matthew Hedberg - RBC

Clarke Jeffries - Piper Sandler


Good day and welcome to the Olo Inc. Q3 2022 Earnings Conference Call. All participants will be in listen-only mode. [Operator instructions] After today's presentation there will be an opportunity to ask questions. [Operator instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Stephanie Daukus, Vice President of Investor Relations. Please go ahead.

Stephanie Daukus

Thank you. Good afternoon everyone and welcome to Olo's third quarter 2022 earnings conference call. Joining me today are Noah Glass, Olo's Founder and CEO; and Peter Benevides, Olo's CFO.

During our call today, some of our discussion and responses to your questions may contain forward-looking statements, which represent our beliefs and assumptions only as of the date such statements are made. These forward-looking statements include, but are not limited to, statements regarding our expectations of our business, future financial results, total addressable markets and growth opportunity, guidance and strategy, the restaurant ordering processing trend, ability to increase usage of our platform and upsell, including with respect to growth in average revenue per unit and the durability of our customer adoption of multi modules.

Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in our forward-looking statements and such risks are described in our earnings press release and our risk factors including in our SEC filings, including our annual report on Form

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