Welcome to our dedicated page for ON24 news (Ticker: ONTF), a resource for investors and traders seeking the latest updates and insights on ON24 stock.
ON24, Inc. (Symbol: ONTF) is a leader in the webinar marketing space, providing a robust, cloud-based platform designed to enhance demand generation, lead qualification, and customer engagement. Their award-winning, patented technology enables businesses of all sizes to deliver engaging live and on-demand webinars. ON24’s solutions are especially noteworthy for their industry-leading analytics capabilities, which can seamlessly integrate with all major marketing automation and CRM platforms.
ON24’s platform is not just about webinars; it extends to virtual training, talent development, and town hall meetings, making it a versatile tool in today's digital-first world. The company's clientele includes over 1,500 global enterprises, such as IBM, CA Technologies, Merck, JPMorgan Chase, Credit Suisse, and SAP, underscoring its significant market presence.
Headquartered in San Francisco, ON24 has a global footprint with offices around the world. The company primarily generates revenue through subscription agreements, allowing customers access to their comprehensive suite of services. Most of its revenue is derived from the United States.
ON24 continues to innovate and expand its product portfolio to better serve its diverse customer base. Their current projects and recent achievements often make headlines, reflecting their commitment to driving revenue through enhanced customer engagement. For more detailed information on their offerings and latest updates, visit www.on24.com.
ON24 (NYSE: ONTF), a leading B2B engagement platform, has been awarded the 2025 Buyer’s Choice Award from TrustRadius. This award recognizes the ON24 Intelligent Engagement Platform for its comprehensive features, demonstrated ROI, business impact, and customer support quality. The platform enables enterprises to drive pipeline results, engage healthcare professionals, facilitate professional certifications, and enhance product adoption. The award, based on thousands of customer reviews, validates ON24's mission to empower enterprises through intelligent engagement.
TrustRadius's Buyer’s Choice Award consolidates multiple accolades into one distinction, helping buyers identify top-tier solutions. To qualify, solutions must receive top ratings from at least 75% of reviewers across three categories: capabilities, value for price, and customer relationship quality. Visit TrustRadius for more details.
CSL Behring, a global leader in biotherapeutics, has significantly scaled its healthcare professional (HCP) engagement program using the ON24 platform. Leveraging ON24's intelligent engagement solutions, CSL Behring has enhanced its digital engagement, resulting in new potential customers and better insights into customer content engagement. The integration with Veeva CRM allows real-time data capture and analysis, informing follow-up strategies and deepening customer relationships. Before partnering with ON24, CSL Behring faced challenges with disjointed digital tools and manual processes that hindered scalability. Now, the company offers consistent, meaningful content to HCPs globally through live and on-demand webinars, reaching thousands of HCPs and increasing engagement. This transformation has enabled CSL Behring to expand its reach without adding headcount, repurposing content across 40 countries. The life sciences industry saw a 13% year-over-year increase in digital experiences in 2023, emphasizing the sector's shift towards omnichannel strategies.
ON24 (NYSE: ONTF) has secured top rankings in G2 Fall 2024 Reports for its intelligent engagement platform, recognized for strong market presence and customer satisfaction. The platform, designed for B2B sales and marketing, features AI-powered Analytics and Content Engine (ACE) that enables organizations to capture actionable first-party data and improve business outcomes. G2's rankings are based on actual customer feedback, validating ON24's consistent performance over the past five years as a leading solution for intelligent engagement and pipeline growth.
ON24 reported Q3 2024 financial results with total revenue of $36.3 million and Core Platform revenue of $35.6 million. The company achieved a non-GAAP net income of $1.1 million ($0.02 per share), while GAAP net loss was $11.4 million. Total ARR stood at $132.2 million as of September 30, 2024. The quarter showed improved retention metrics and positive free cash flow of $0.1 million. The company's AI-powered ACE solution demonstrated strong growth, with ACE ARR increasing as a percentage of growth ARR. For Q4 2024, ON24 expects total revenue between $35.4-36.4 million and non-GAAP net income of $0.01-0.02 per share.
ON24 (NYSE: ONTF) has announced the date for its Third Quarter 2024 Earnings Release and Conference Call. The company will release its financial results on Thursday, November 7, 2024, after U.S. markets close. ON24 management will host a conference call and webcast on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company's business and financial performance.
Investors and interested parties can access the webcast through the company's investor relations website at investors.ON24.com. For those who prefer to join by phone, the dial-in numbers are 877-497-9071 (US) and 201-689-8727 (International). An archived version of the webcast will be available on the investor relations website approximately one hour after the live call concludes.
ON24 (NYSE: ONTF) has released a research report titled 'Personalization in the AI Era', highlighting the critical role of AI in scaling personalization for B2B sales and marketing. The study reveals that 84% of B2B marketers believe AI enables personalization, which is important for driving pipeline and revenue growth. Key findings include:
- 88% of marketers plan to use AI for personalization efforts
- Only 35% currently personalize based on engagement data
- 54% believe personalization will accelerate pipeline and close deals faster
The report emphasizes the growing importance of personalization in B2B marketing and identifies AI as a key enabler for achieving this at scale. ON24's CMO, Callan Young, states that the company is focusing on personalization in its innovation roadmap to help sales and marketing teams engage target audiences effectively.
ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, has announced its participation in the Canaccord Genuity 44th Annual Growth Conference. The event is scheduled for August 14th, 2024, with ON24's presentation set to take place at 3:00 p.m. ET.
Investors and interested parties can access a live webcast of the presentation through ON24's investor relations website at investors.on24.com. For those unable to attend the live event, a replay will also be available on the same platform. This conference provides an opportunity for ON24 to showcase its growth strategies and engage with potential investors in the B2B technology sector.
ON24 (NYSE: ONTF) announced its Q2 2024 financial results, reporting a total revenue of $37.3 million and Core Platform revenue of $36.5 million. The company achieved positive free cash flow for the second consecutive quarter and exceeded profitability targets for the fifth consecutive quarter. Core Platform Annual Recurring Revenue (ARR) was $131.0 million, contributing to a total ARR of $133.7 million. GAAP operating loss was $13.1 million, an improvement from the $15.8 million loss in Q2 2023. Non-GAAP net income was $1.5 million, or $0.03 per diluted share. Adjusted EBITDA reached $0.8 million. The financial outlook for Q3 forecasts total revenue between $35.0 million and $36.0 million and a non-GAAP operating loss between $2.3 million and $1.3 million.
ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, has announced an integration with 6sense, an AI-powered platform for B2B marketing and sales teams. This integration allows joint customers to combine ON24's first-party engagement data with 6sense's intent data to deliver hyper-personalized experiences at scale, aiming to improve ROI and increase revenue growth.
The integration enables customers to:
- Implement integrated account-based marketing (ABM) strategies
- Build dynamic audience segments
- Scale hyper-personalized experiences
- Orchestrate campaigns and buying journeys
- Improve account targeting, lead quality, and conversion
ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, has achieved Silver Certified Status in the Veeva Product Partner Program. This integration allows life sciences companies to leverage ON24's Intelligent Engagement Platform with Veeva CRM Events Management, enabling enhanced digital engagement with healthcare professionals (HCPs) through webinars, virtual events, and content experiences.
The partnership aims to streamline event execution, consolidate HCP engagement data, analyze content performance, and ensure compliance. ON24 plans to release an integration for Veeva Vault CRM later this year, further expanding its capabilities in the life sciences industry.
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