Exec-Edge – Page 71 – ExecEdge

Olo Announces 22% Revenue Growth in 3Q 2023

Olo Announces 22% Revenue Growth in 3Q 2023

By Karen E. Roman Olo Inc. (NYSE: OLO), an open SaaS which develops digital platforms for restaurants, said its total revenue increased 22% for the third quarter on a year-over-year basis, ascending to $57.8 million. Additionally, gross profit grew 9%...

FIGS Third Quarter Net Revenue Increases 10.7%

FIGS Third Quarter Net Revenue Increases 10.7%

By Daniella Parra FIGS, Inc. (NYSE: FIGS), a healthcare community lifestyle brand, reported net revenue rose to 142.4 million, an increase of 10.7% YoY in Q3 with active customers increasing 19.6% to 2.6 million. The company said the adjusted EBITDA...

Portillo’s Third Quarter Revenue Climbs 10% on New Restaurants

Portillo’s Third Quarter Revenue Climbs 10% on New Restaurants

By Thomas Green Portillo’s Inc. (Nasdaq: PTLO) said third quarter revenue rose 10.4% to $166.8 million as it added new restaurants. The Chicago-style, fast-casual chain’s operating income increased $4.5 million to $15.1 million this quarter and Restaurant-Level Adjusted EBITDA increased...

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