Workaround:
1. Use Ship Directory destination when performing OLR. The data will be extracted out of the backup files and into a BCP file stored in the directory that the user specifies.
2. You can also use the OLR API to pull the data out, inside SSMS or Toad and then export from there as needed.
3. Restore a table from a full backup file to a .csv file
exec master.dbo.xp_objectrecovery
@filename = 'c:\mssql\backup\MyDB_backup.bak',
@objectname = 'dbo.customers',@destinationfilename='c:\temp\customers.csv'