ON24 Announces Second Quarter 2024 Financial Results
ON24, Inc. (ONTF)
Company Research
Source: Business Wire
Achieved Total Revenue of $37.3 millionExceeded profitability targets for 5th consecutive quarterGenerated positive free cash flow for 2nd consecutive quarterDrove sequential improvement in gross retentionExperienced growth ARR uplift from momentum of early adopters of the ON24 next gen platform and AI-powered offerings SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), an intelligent engagement platform for B2B sales and marketing, today announced financial results for the second quarter ended June 30, 2024.“I am pleased with our Q2 results, as we exceeded guidance on the top and bottom line and delivered positive free cash flow. I am encouraged by another quarter of improvement in gross retention, which is trending much better than the average rates we have seen for each of the past three years,” said Sharat Sharan, co-founder and CEO of ON24. “Continued momentum of our next generation platform drove our AI-powered ACE ARR to the high teens as a percentage of growth ARR. We remai
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- Estimating The Intrinsic Value Of ON24, Inc. (NYSE:ONTF) [Yahoo! Finance]Yahoo! Finance
- ON24 Study Finds AI is Key to Scale Personalization in B2B Sales and MarketingBusiness Wire
ONTF
Earnings
- 8/6/24 - Beat
ONTF
Sec Filings
- 10/31/24 - Form 4
- 10/29/24 - Form 144
- 10/18/24 - Form 4
- ONTF's page on the SEC website