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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) is set to announce its second quarter 2024 financial results on Tuesday, August 6, 2024, after U.S. markets close.
A conference call and webcast will be hosted by ON24 management at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company's business and financial performance.
Interested parties can access the webcast at investors.ON24.com or dial in using the provided numbers. An archived version of the webcast will be available on the company's investor relations website approximately one hour after the live call.
ON24 (NYSE: ONTF) has announced the winners of its 2024 Digital Engagement Excellence Awards at The ON24 Experience 2024, celebrating companies that have excelled in using its platform to drive revenue, advance AI adoption, and innovate customer experiences. Honorees include Autodesk, Guardian, SAP, and UCB, recognized for exceptional digital engagement strategies. Notable achievements include a 48% YoY sales growth by AAA - The Autoclub Group, a 12X ROI on pipeline by Autodesk, and tripled revenue results by Guardian. The awards highlight ON24's role in helping companies stay at the forefront of their industries through data and AI-driven engagement.
At the ON24 Experience 2024 virtual conference, ON24 (NYSE: ONTF) unveiled its new research report, 'The State of AI in B2B Marketing in 2024'. The report reveals rapid AI adoption among sales and marketing teams, with 95% currently using or planning to use AI by year-end. Key findings highlight that teams using AI are seven times more likely to exceed business goals, while non-adopters are three times more likely to fall short. Over 70% of marketers reported executive inquiries about AI strategies, and 93% believe AI will significantly impact first-party data analytics. Additionally, 90% of marketers plan to use AI for enhanced personalization efforts, reflecting AI's priority as a business imperative for revenue growth and efficiency.
ON24 (NYSE: ONTF), a prominent intelligent engagement platform for B2B sales and marketing, announced its participation in the Baird 2024 Global Consumer, Technology & Services Conference. This event will take place on June 5, 2024. ON24 will present at 9:40 a.m. EST. The presentation will be available via live webcast and replay on the company's investor relations website.
ON24 (NYSE: ONTF) has announced its annual global user conference, 'The ON24 Experience 2024,' scheduled to take place virtually from June 11-14. The event will span North America, Europe, and Asia-Pacific, focusing on AI-driven engagement strategies for B2B sales and marketing. The conference will feature keynotes, breakout sessions, and networking opportunities. Notable speakers include Pam Didner, an expert in B2B marketing, and representatives from major organizations like AAA, Guardian Life, and Protiviti. The event aims to provide actionable insights for demand generation, healthcare professional engagement, and live professional certification.
ON24 (NYSE: ONTF), a leading B2B intelligent engagement platform, announced its recognition as a top platform in various G2 categories for five consecutive years. In the G2 Spring 2024 Reports, ON24 was named the leading platform for virtual events, driven by high customer satisfaction and ROI. The company emphasizes its innovation and customer success as key factors in maintaining its industry leadership. ON24's platform, powered by an AI-driven Analytics and Content Engine, integrates webinars, virtual events, and content experiences with personalization, helping enterprises capture and utilize insights at scale. G2, a major software marketplace, bases its rankings on real customer feedback.
ON24 (ONTF) will be participating in the 19th Annual Needham Technology, Media, & Consumer Conference on May 16th, 2024, with a presentation scheduled at 1:30 p.m. EST. The company will provide a live webcast and replay of the presentation on its investor relations website.
ON24 announced its financial results for Q1 2024, highlighting total revenue of $37.7 million and profitability targets met for the fourth quarter in a row. The company showed signs of stabilization in its customer base with increased gross retention rates. Strong enterprise business performance metrics were observed, with a record percentage of ARR in multiyear agreements and highest ARR per customer. Growth in ARR was noted due to the momentum of early adopters of the ON24 next-gen platform and AI-powered offerings. The company expressed confidence in achieving double-digit top-line growth with double-digit EBITDA margins in the long term.
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