ON24 (NYSE:ONTF) Exceeds Q2 Expectations, Next Quarter's Growth Looks Optimistic [Yahoo! Finance]
ON24, Inc. (ONTF)
Company Research
Source: Yahoo! Finance
The company expects next quarter's revenue to be around $35.5 million, in line with analysts' estimates. It made a non-GAAP profit of $0.03 per share, down from its profit of $0.04 per share in the same quarter last year. Is now the time to buy ON24? Find out in our full research report ON24 (ONTF) Q2 CY2024 Highlights: Revenue: $37.35 million vs analyst estimates of $36.2 million (3.2% beat) Adjusted Operating Income: -$344,000 vs analyst estimates of -$1.18 million (70.8% beat) EPS (non-GAAP): $0.03 vs analyst estimates of $0.01 ($0.02 beat) Revenue Guidance for Q3 CY2024 is $35.5 million at the midpoint, roughly in line with what analysts were expecting The company slightly lifted its revenue guidance for the full year from $145 million to $146.4 million at the midpoint Gross Margin (GAAP): 74.5%, up from 73.3% in the same quarter last year Free Cash Flow of $898,000, down 18.4% from the previous quarter Billings: $30.24 million at quarter end, down 14.5% year o
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News
- Here's Why We're Not At All Concerned With ON24's (NYSE:ONTF) Cash Burn Situation [Yahoo! Finance]Yahoo! Finance
- ON24 Announces Date for Third Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Sales And Marketing Software Stocks Q2 In Review: ON24 (NYSE:ONTF) Vs Peers [Yahoo! Finance]Yahoo! Finance
- 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