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) has integrated its digital engagement platform with HubSpot's CRM, enhancing customer insights across digital and in-person interactions. This listing on the HubSpot App Marketplace allows sales and marketing teams access to first-person engagement data, enabling personalized customer interactions. The integration supports live webinars, virtual events, and more, giving users valuable insights into audience behavior. Additional enhancements for engaging data are expected in the coming year, aligning with the increasing importance of digital experiences in marketing strategies.
ON24 reported a strong third quarter for 2021, with annualized recurring revenue (ARR) increasing 20% year-over-year to $167.2 million. Total revenue also rose 16% to $49.4 million, driven by a 27% increase in subscription and platform revenue. However, the company faced a GAAP operating loss of $9.3 million, a significant decline from a profit of $6.8 million in Q3 2020. Looking ahead, ON24 projects Q4 revenue between $51.0 and $52.0 million and a non-GAAP net loss per share of $(0.10) to $(0.08).
ON24 (NYSE: ONTF) highlights the increasing adoption of digital engagement in the life sciences sector, helping companies connect with healthcare professionals (HCPs) through virtual events and other digital experiences. Over 135 life sciences companies, including 14 of the 20 largest pharmaceutical companies, utilize ON24's platform to enhance HCP engagement and support product launches. The company offers various tools such as webinars and multimedia content to optimize communications and improve patient outcomes.
ON24 (NYSE: ONTF) is witnessing a significant shift in the manufacturing sector towards digital engagement for partner enablement and demand generation. Over 185 manufacturers, including major players like Owens Corning and Schneider Electric, are using ON24's platform to enhance education and lead generation efforts. The platform offers various digital experiences, including webinars and virtual conferences, enabling companies to capture actionable insights and accelerate sales cycles. This transition is crucial for manufacturers to stay connected with their partners and end users in a digital-first world.
ON24 announced the launch of ON24 Go Live, a self-service virtual event solution that enhances live-streaming capabilities for businesses. This platform allows organizations to create interactive events quickly, covering everything from registration to keynotes and networking.
Designed for ease of use, it offers pre-built templates and integrates with marketing tools to optimize event management. ON24 Go Live aims to meet the growing demand for digital engagement, enabling companies to drive lead generation and revenue through interactive experiences.
ON24 (NYSE: ONTF) has announced significant innovations across its platform, enhancing digital engagement tools for customers. Key features include an upgraded ON24 Webcast Elite user experience, adding customization options, and enhanced audience participation tools for webinars. The introduction of ON24 Go Live will facilitate rapid setup of live-streaming events. Additionally, hybrid event capabilities have been rolled out, allowing seamless interaction between in-person and virtual attendees. These innovations aim to capture deeper audience insights and drive business growth.
ON24 (NYSE: ONTF) will host a customer event on October 26, 2021, to unveil innovations in its platform aimed at enhancing digital engagement for sales and marketing teams. The event titled ON24 Experience: Innovation in the Age of Engagement will highlight new features like Webcast Elite and improved data-driven insights powered by AI. Jayesh Sahasi, CTO of ON24, emphasizes that these innovations are designed to drive measurable revenue and improve customer experiences. The event is expected to attract marketing leaders from various industries.
ON24 (NYSE: ONTF) will host a customer event on October 26, 2021, to unveil innovations in its ON24 Platform, aimed at enhancing digital engagement for companies. The event, titled ON24 Experience: Innovation in the Age of Engagement, will showcase new features in ON24 Webcast Elite and other tools to capture first-person insights that drive sales and marketing efforts. Marketing leaders from numerous industries are expected to attend, marking a significant step for ON24 in delivering meaningful customer engagement solutions.
ON24 (NYSE: ONTF) will release its third quarter 2021 financial results on November 9, 2021, after U.S. markets close. A conference call and webcast will be held at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial performance. Investors can access the archived version of the webcast on ON24's investor relations website shortly after the call. ON24 is recognized for its cloud-based digital experience platform that helps over 2,000 companies enhance engagement and drive revenue growth.
ON24 (NYSE: ONTF) has appointed Leo Ryan as vice president of customer success for EMEA. With over 20 years of experience in digital engagement, Ryan will enhance support for ON24's clients, utilizing the ON24 Digital Experience Platform to improve demand generation and event marketing. His expertise is expected to benefit the growing EMEA customer base, aligning with the company’s commitment to delivering consumer-like digital experiences. The ON24 platform is designed to facilitate engaging digital interactions and drive measurable business growth.
FAQ
What is the current stock price of ON24 (ONTF)?
What is the market cap of ON24 (ONTF)?
What services does ON24, Inc. provide?
How does ON24 generate revenue?
Who are some of ON24's notable clients?
Where is ON24 headquartered?
What industries does ON24 serve?
What makes ON24’s platform unique?
How can ON24's platform benefit businesses?
Is ON24 a global company?
Can small businesses use ON24’s platform?
Where can I find more information about ON24?
