Olo Q2 revenue up 22% to $85.7M; acquisition by Thoma Bravo for $10.25/sh (65% premium) pending

Olo Inc.

Total revenue $85.7M (+22% YoY); non-GAAP operating income $13.1M (15% margin).
ARPU $955 (+12% YoY); NRR 114%; active locations ~89,000 (+9% YoY).
Entered definitive agreement to be acquired by Thoma Bravo for $10.25/sh, valuing equity at ~$2.0B.
Withdrew FY2025 guidance; suspending earnings call due to pending Merger.
Cash, cash equivalents, and investments of $428.5M as of June 30.

item 2.02item 9.01

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