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ON24, Inc. - ONTF STOCK NEWS

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.

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ON24 (NYSE: ONTF) has launched the ON24 Partner Network, collaborating with over 40 leading agencies and software companies to enhance digital engagement strategies for businesses. This network aims to facilitate integrations and services that improve customer insights and revenue growth through first-party data utilization across various sales and marketing activities. With the launch, ON24 outlines its commitment to customer success and growth, leveraging partnerships to optimize the digital buyer journey and expand product offerings in response to market demands.

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ON24 reports remarkable growth in digital engagement as B2B marketers have increased total digital experiences by 136% over the past two years. While industry concerns about digital fatigue rise, audience engagement metrics show no signs of decline, with CTAs soaring by 3,106% in 2021. Key findings indicate an 8% increase in average webinar attendance and a 31% rise in attendee interaction with engagement tools. This data underscores the effectiveness of engaging digital experiences in overcoming fatigue, providing crucial insights for marketers.

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ON24 (NYSE: ONTF) has been rated the top webinar software for customer satisfaction by enterprise and midmarket users for the third consecutive quarter, according to G2. The ON24 Webcast Elite platform excels in delivering live, simulive, and on-demand webinars, enhancing customer engagement and providing valuable data for demand generation. The recognition from G2 reinforces ON24's market presence and commitment to driving revenue growth for its clients, highlighting its reputation among over 2,000 companies globally.

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ON24 (NYSE: ONTF) announced recognition for innovative digital experiences from various companies utilizing its platform. The annual “Webinars and Virtual Events that Rocked” event highlighted top B2B companies enhancing engagement and audience insights through webinars and virtual events. Notable honorees include ADP, Mercury Healthcare, Charles Schwab, and SAP, showcasing significant audience interaction and data capture. Mark Bornstein of ON24 emphasized the importance of digital experiences in driving revenue and marketing effectiveness.

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ON24 (NYSE: ONTF) has been recognized as a global leader in the Vendor Selection Matrix, Marketing Event Management report by Research In Action. The company earned the top position among 19 vendors, showcasing outstanding strategy and execution in delivering engaging digital experiences. The ON24 Platform empowers businesses to enhance customer interactions and conversion rates through tailored webinars, virtual events, and multimedia hubs. This recognition reflects ON24's commitment to driving measurable revenue growth for over 2,000 companies globally.

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ON24 (NYSE: ONTF) has launched ON24 Go Live, a self-service platform designed for B2B marketers to create and stream engaging digital events efficiently. The solution addresses the growing demand for virtual events, with a recent Forrester survey revealing that 63% of B2B companies plan to conduct more virtual events in the upcoming year. ON24 Go Live enables marketers to set up various event formats, enhance audience participation through interactive features, and gather actionable attendee data, thereby facilitating better sales and marketing integration.

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ON24 (NYSE: ONTF) is set to release its fourth quarter and full year 2021 financial results on February 28, 2022, after U.S. market close. A conference call will follow at 2:00 PM PT (5:00 PM ET) to discuss financial performance. The company, headquartered in San Francisco, offers a cloud-based hybrid engagement platform that supports over 2,000 global clients, including major technology and financial institutions. ON24's platform enables businesses to enhance engagement and drive revenue growth through webinars and virtual events.

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ON24 (NYSE: ONTF) has announced integrations with the Drift platform, enabling joint customers to merge real-time Drift activity and conversational data with ON24's engagement data. This integration aims to enhance tracking of marketing and sales engagement, thus accelerating buyer journeys. Drift's chatbot will allow for more efficient lead qualification and sales engagement. The ON24 platform will further integrate Drift data with third-party applications for improved customer insights, with full functionality expected in early 2022.

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ON24 (NYSE: ONTF) announced a $50 million share repurchase program, reflecting the company's confidence in its long-term growth potential. The program is set to last for 18 months and aims to purchase shares through various methods, depending on market conditions. As of September 30, 2021, ON24 reported $399.7 million in cash and cash equivalents. This initiative is part of their strategy to enhance shareholder value while maintaining flexibility for future investments.

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ON24 (NYSE: ONTF) supports businesses in enhancing customer connections through digital experiences. Informa Engage, its digital marketing division, hosted about 3,400 digital events in the past year, marking a 31% growth. The ON24 platform is pivotal for companies adapting to digital marketing, facilitating lead generation and revenue growth. Notable initiatives include 'Digital Weeks' in life sciences and 'Restaurants Rise' for the hospitality sector. With ON24's extensive client base, it continues to power significant digital transformations across various industries.

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FAQ

What is the current stock price of ON24 (ONTF)?

The current stock price of ON24 (ONTF) is $6.47 as of December 20, 2024.

What is the market cap of ON24 (ONTF)?

The market cap of ON24 (ONTF) is approximately 268.2M.

What services does ON24, Inc. provide?

ON24 offers a cloud-based platform for webinars, virtual events, and multimedia content experiences to enhance demand generation, lead qualification, and customer engagement.

How does ON24 generate revenue?

ON24 generates revenue through subscription agreements that provide customers access to their platform and related services.

Who are some of ON24's notable clients?

Notable clients include IBM, CA Technologies, Merck, JPMorgan Chase, Credit Suisse, and SAP.

Where is ON24 headquartered?

ON24 is headquartered in San Francisco, California, with offices around the world.

What industries does ON24 serve?

ON24 serves a variety of industries, leveraging its platform for webinars, virtual training, talent development, and town hall meetings.

What makes ON24’s platform unique?

ON24's platform is unique due to its award-winning, patented technology and industry-leading analytics that integrate with major marketing automation and CRM platforms.

How can ON24's platform benefit businesses?

ON24's platform helps businesses optimize demand generation, enhance lead qualification, and accelerate sales pipeline opportunities through interactive digital experiences.

Is ON24 a global company?

Yes, ON24 has a global presence with offices around the world and serves customers internationally.

Can small businesses use ON24’s platform?

Yes, ON24's platform is designed to be scalable and can be used by businesses of all sizes.

Where can I find more information about ON24?

For more detailed information, visit ON24's official website at www.on24.com.

ON24, Inc.

NYSE:ONTF

ONTF Rankings

ONTF Stock Data

268.23M
36.52M
11.03%
71.09%
0.81%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO