ON24

ON24, Inc. provides webcasting and video communications solutions. It offers webinar-based marketing solutions that drive demand generation and customer engagement. The firm's products include ON24 Platform, ON24 Webcast Elite, ON24 Engagement Hub, ON24 Target, ON24 Intelligence, ON24 Connect, and ON24 Virtual Conference. The company was founded by Sharat Sharan and William Ryan Bales on January 8, 1998 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ON24 reports Q4 revenue growth, targets profitability by Q2 2023

ON24's Q4 performance showed revenue growth and a focus on core platform strength.
Challenges include headwinds in tech and manufacturing, pricing pressure, and lengthening sales cycles.
Opportunities lie in diversifying verticals, accelerating profitability, and driving customer adoption.
Overall, ON24 aims for profitability by Q2 2023 through strategic shifts and cost reductions.

ON24 reports resilient Q1 performance amidst market challenges and AI innovation

ON24's Q1 performance reflects resilience and strategic focus on profitability amidst market challenges and macroeconomic uncertainty.
The company's strengths in enterprise focus, innovation with AI, and cost discipline position it for future growth and shareholder value enhancement.
Challenges in customer budget pressures, pricing dynamics, and market uncertainties are being addressed as ON24 pursues opportunities in AI, market differentiation, and client expansion.

ON24 achieves breakeven in Q2, focuses on AI for growth

ON24's Q2 performance showed a focus on profitability and generative AI solutions. Challenges include revenue decline and customer impact from budget cuts. Opportunities lie in rebounding demand and leveraging data for growth.

ON24 reports strong Q3 results, eyes profitable growth in '24

ON24's Q3 performance showcased revenue growth, positive EPS, and improved retention rates.
The company's focus on AI innovation, cost reduction, and customer wins in regulated industries are key strengths.
Challenges include a sequential decrease in ARR and uncertainties in the enterprise installed base.
Opportunities lie in improved new business performance, growth in regulated industries, and long-term profitable growth targets.

ON24 reports robust Q4 performance, cautious 2024 outlook

ON24's Q4 2023 showcased strong financial performance, customer wins, and cost optimization efforts.
The company faces challenges in a volatile marketing budget environment but sees opportunities in AI solutions.
Maintaining fiscal discipline while investing in growth initiatives is key to achieving future targets.
AI-powered ACE presents a significant opportunity for revenue growth and enhanced customer engagement.

ON24 reports positive Q1 earnings, focuses on AI adoption and growth

ON24's Q1 performance showcased positive financial metrics and strategic initiatives, with a focus on AI technology adoption and profitability. Challenges include returning to growth amid sales cycle delays and customer churn. Opportunities exist in compliance-oriented AI work and enhancing customer engagement.

ON24 reports strong Q2 earnings, focuses on AI innovation

ON24 delivered a strong Q2 performance, surpassing revenue and non-GAAP EBIT expectations, achieving positive adjusted EBITDA and EPS for the fifth consecutive quarter. The company's focus on innovation, customer retention, and profitability is driving its success.
While facing challenges such as macroeconomic uncertainties and balancing cost management with R&D investment, ON24's strengths in financial performance, product innovation, and strategic priorities position it well for future growth.
Opportunities lie in leveraging the AI-powered ACE solution, expanding through enterprise go-to-market strategies, and exploring growth avenues with positive free cash flow and stabilized ending ARR.

ON24 exceeds Q3 expectations, focuses on growth and profitability

ON24's Q3 2024 earnings call highlighted strong financial performance, strategic focus on innovation and profitability, and positive outlook for revenue growth. Despite challenges in core platform ARR and profitability targets for 2025, the company's strengths in customer relationships, margin performance, and guidance raise optimism. Leveraging opportunities in AI solutions, customer win-backs, and market enhancements will be key for ON24's future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ON24, Inc. operates as cloud-based platform, which engages in digital engagement that delivers insights for revenue growth through interactive webinar experiences, virtual event experiences, and multimedia content experiences. It operates through the Subscription and Other Platform and Professional Services segments. The company was founded by Sharat Sharan and William Ryan Bales on January 8, 1998 and is headquartered in San Francisco, CA.

SAN FRANCISCO--(BUSINESS WIRE)--According to a recent report by Research In Action, 79% of marketers say that achieving ROI from digital events is a challenge. To close this gap, ON24 (NYSE: ONTF), a leading digital engagement platform for B2B sales and marketing, has developed innovative capabilities to enable enterprises to drive cost-effective revenue growth, earning the title of global leader in Research In Action's Vendor Selection Matrix for Marketing Event Management. “Marketing ROI is a.

ON24 Ranked Top Platform for Driving ROI by Research In Action

ONTF's shares have become more attractively valued, following the pullback in its stock price for the past couple of months. I see ON24's revenue visibility and profitability improving, which demands a valuation re-rating. My rating for ONTF is revised to a Buy, considering its top-line outlook, profitability prospects, and valuations.

ON24 Looks More Attractive Now (Rating Upgrade)

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its third quarter 2023 financial results after U.S. markets close on Tuesday, November 7, 2023. ON24 management will host a conference call and webcast that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its business and financial performance. Event:   ON24 Third Quarter 2023 Earnings Call Date:   Tuesday, November 7, 2023 Time:   2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time Webcast:   investors.ON24.com Dial-i.

ON24 Announces Date for Third Quarter 2023 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--According to McKinsey & Company, B2B companies with the best omnichannel experiences improve their market share by 10% annually. That's why, today, ON24 (NYSE: ONTF), a leading sales and marketing platform for B2B digital engagement, announced the ability for customers to extend the reach and impact of their digital marketing campaigns from within its platform by integrating a new promotional channel through NetLine, an Informa Business, and the world's large.

ON24 and NetLine Join Forces to Help Enterprise Customers Supercharge Reach and ROI

SAN FRANCISCO--(BUSINESS WIRE)--By 2025, Gartner expects 80% of B2B sales interactions between suppliers and buyers to occur in digital channels. Companies at the helm of this go-to-market transformation were awarded by ON24 (NYSE: ONTF), a leading digital engagement platform powered by a generative AI engine, that helps enterprises create engaging experiences, generate data-driven insights and drive pipeline and revenue growth while supporting compliance, at their conference, The ON24 Experien.

ON24 Celebrates 2023 Winners of the Digital Engagement Excellence Awards

ON24, Inc. (NYSE:ONTF ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Lauren Sloane – Investor Relations Sharat Sharan – Co-Founder and Chief Executive Officer Steve Vattuone – Chief Financial Officer Conference Call Participants Noah Herman – JPMorgan Michael Rackers – Needham and Company Operator Greetings and welcome to the ON24, Inc. Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder this conference is being recorded.

ON24, Inc. (ONTF) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for ON24 (ONTF) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, ON24 (ONTF) Q2 Earnings: A Look at Key Metrics

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for B2B digital engagement, today announced financial results for the second quarter ended June 30, 2023. “In the second quarter, we continued to make significant progress on our path to profitability by achieving positive non-GAAP EPS. We also achieved breakeven non-GAAP EBITDA, which is two quarters ahead of our original goal,” said Sharat Sharan, co-founder and CEO of ON24. “We continued to operate in a.

ON24 Announces Second Quarter 2023 Financial Results

ON24 is transitioning from videoconferencing to a CRM and data management platform powered by AI. ON24's recently unveiled AI-Powered Optimization Suite presents significant future growth potential. The company has seen rising average revenue per customer despite high churn levels and is at a turning point of returning to growth and profitability.

ON24: Underpriced AI, Big Data SaaS Play

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its second quarter 2023 financial results after U.S. markets close on Tuesday, August 8, 2023. ON24 management will host a conference call and webcast that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its business and financial performance. Event:   ON24 Second Quarter 2023 Earnings Call Date:   Tuesday, August 8, 2023 Time:   2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time Webcast:   investors.ON24.com Dial-in.

ON24 Announces Date for Second Quarter 2023 Earnings Release and Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--Today, ON24 (NYSE: ONTF), a leading digital engagement platform that drives pipeline and revenue growth, will launch a new AI-powered Optimization Suite that enables enterprises to personalize, orchestrate and automate digital experiences and content, improving campaign performance and increasing ROI. Collectively, these capabilities will help go-to-market teams harness generative AI to drive more audience engagement, generate deeper data-driven insights and deli.

ON24 Unveils AI-powered Optimization Suite to Help Enterprises Maximize Efficiency and Results

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for digital engagement, today announced participation in the following upcoming investor event: Baird 2023 Global Consumer, Technology & Services Conference June 6th, 2023 Presentation on June 6th, 2023 at 9:40 a.m. EST. A live webcast and replay of the presentation will be featured on the Company's investor relations website at investors.on24.com. About ON24 ON24 is on a mission to re-imagine how comp.

ON24 to Participate in the Upcoming Baird Global Consumer, Technology & Services Conference

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for digital engagement, today announced its annual global user conference, The ON24 Experience 2023, will take place virtually on June 13-15 and gather thousands of B2B leaders from industry-leading brands to share best practices for building digital engagement strategies that drive continuous results. Spanning the regions of North America, Europe and Asia-Pacific, ON24X 2023 will help enterprises advance.

To Empower Industry-Leading Enterprises to Drive Digital Engagement and Revenue, ON24 Hosts Annual User Conference

ON24, Inc. (NYSE:ONTF ) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Lauren Sloane - Investor Relations Sharat Sharan - Co-Founder and Chief Executive Officer Steve Vattuone - Chief Financial Officer Conference Call Participants Faith Brunner - William Blair Scott Berg - Needham Patrick Schulz - Baird Dan Reagan - Canaccord Genuity Operator Greetings, and welcome to the ON24 First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only-mode.

ON24, Inc. (ONTF) Q1 2023 Earnings Call Transcript

ON24 (ONTF) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.13 per share a year ago.

ON24 (ONTF) Reports Q1 Loss, Tops Revenue Estimates

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for B2B digital engagement, today announced financial results for the first quarter ended March 31, 2023. “I am pleased with our first quarter results and the progress we have made accelerating our path to profitability. We are on track to reach break-even non-GAAP EPS by Q2 and are now targeting break-even non-GAAP EBITDA by Q4 2023, with continued improvement in the quarters ahead,” said Sharat Sharan, c.

ON24 Announces First Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) (“ON24” or the “Company”), today announced that its Board of Directors has declared a one-time, special cash dividend on the Company's outstanding common shares of $1.09 per share, to all common shareholders of record as of the close of business on May 22, 2023, payable on or about June 15, 2023. The special cash dividend is expected to result in an aggregate distribution of approximately $50 million. Sharat Sharan, co-founder, CEO and director.

ON24 Declares Special Cash Dividend

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading sales and marketing platform for digital engagement, today announced that the global manufacturing leader, Sandvik Mining & Rock Solutions' Rotary Drilling Division, has tripled audience reach while increasing lead conversion by 40% after switching to ON24. The Rotary drilling division has a complex set of product offerings that requires the company's sales and marketing team to deliver highly technical education throughout a long.

Sandvik Increases Lead Conversion by 40% with the Power of the ON24 Digital Engagement Platform

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) will release its first quarter 2023 financial results after U.S. markets close on Tuesday, May 9, 2023. ON24 management will host a conference call and webcast that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its business and financial performance. Event:   ON24 First Quarter 2023 Earnings Call Date:   Tuesday, May 9, 2023 Time:   2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time Webcast:   investors.ON24.

ON24 Announces Date for First Quarter 2023 Earnings Release and Conference Call

LAS VEGAS--(BUSINESS WIRE)--According to Gartner, 80% of B2B sales interactions between suppliers and buyers will occur in digital channels by 2025. That's why, today, ON24 (NYSE: ONTF), a leading digital engagement platform that drives pipeline and revenue growth, and LeapPoint, a leading digital advisory firm, have announced a partnership to help enterprises successfully develop and execute a digital-first go-to-market strategy, powered by ON24 and Adobe Experience Cloud technologies.

ON24 Scales Digital Engagement for Adobe Experience Cloud Customers

ON24, Inc. reported Q4 2022 financial results on February 28, 2023. The firm provides a range of digital engagement tools for businesses.

ON24 Cuts More Staff Amid Attempt To Cut Losses

SAN FRANCISCO & LONDON--(BUSINESS WIRE)--Today, ON24 (NYSE: ONTF), a leading digital engagement platform that drives pipeline and revenue growth, released the results of their latest survey, “The State of Digital Maturity in Europe: The Tools, Techniques and Strategies Marketers Need to Drive Results.

New Report from ON24 Highlights Digital Marketing Maturity as Key Driver of Revenue Growth

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) (“ON24” or the “Company”), a leading sales and marketing platform for B2B digital engagement, today announced that it has appointed Teresa Anania to the Company's Board of Directors (the “Board”), effective immediately. Anania replaces Denise Persson, who is stepping down from the Board of Directors.

ON24 Appoints Customer Success Leader Teresa Anania to Board of Directors

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF) (“ON24” or the “Company”), a leading sales and marketing platform for B2B digital engagement, today announced that its Board of Directors (the “Board”) has authorized an expansion of its recently announced capital return program and a series of governance enhancements.

ON24 Expands Capital Return Program to $125 Million and Announces Governance Enhancements

SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading digital engagement platform that drives pipeline and revenue growth, today announced the launch of an AI engine that powers platform innovations to help enterprises use AI to generate content, scale personalized experiences, orchestrate actions, analyze audience behavior and surface prospect buying intent.

News for ON24 Stock (ONTF)