ON24 INC Stock Price, News & Analysis

ON24 (NYSE: ONTF) unveiled its new ON24 Lumina Design System and enhanced platform capabilities at the ON24 Next innovation event. The system aims to transform how businesses create and scale digital experiences while delivering deeper audience insights.

The platform updates focus on three key areas:

• Hyper-personalized experiences with tailored messaging and calls to action
• AI-driven analytics and agents to optimize webinar and event performance
• First-party data integration and revenue impact measurement for improved lead nurturing

CEO Sharat Sharan emphasized the platform's role in enabling scalable personalization for pipeline growth, while EVP Jayesh Sahasi highlighted how ON24 Lumina empowers organizations to create immersive, branded experiences with AI-powered automation and intelligent content recommendations.

ON24 (NYSE: ONTF) reported Q4 2024 financial results with total revenue of $36.7 million and Core Platform revenue of $36.0 million. The company's total ARR reached $129.7 million as of December 31, 2024.

Key Q4 metrics include a GAAP net loss of $8.9 million ($0.21 per share), non-GAAP net income of $2.5 million ($0.06 per share), and positive free cash flow of $0.4 million. The company's AI-powered ACE solution accounted for over 20% of growth ARR bookings in Q4.

For full-year 2024, ON24 achieved total revenue of $148.1 million, with a GAAP net loss of $42.2 million ($1.01 per share) and non-GAAP net income of $6.1 million ($0.13 per share). The company maintains strong financials with $182.7 million in cash and marketable securities.

Looking ahead to 2025, ON24 projects total revenue between $138.6-141.6 million and expects non-GAAP net income per share of $0.02-$0.05.

ON24 (NYSE: ONTF) has appointed May O'Neal as its new Chief Human Resources Officer (CHRO). O'Neal will lead the global HR function and manage ON24's talent and people strategy, focusing on building high-performance teams, strengthening leadership, and fostering accountability and innovation.

O'Neal brings over 20 years of HR and talent management experience. She previously served as Chief People Officer at Varo Bank and spent 11 years at WageWorks, where she led the HR team through the company's IPO and multiple acquisitions. At Zilog, she managed a global workforce across the U.S., Europe, and Asia during the company's transformation and return to public markets.

ON24 (NYSE: ONTF) has recognized several companies for their outstanding digital engagement achievements in 2024 through its Intelligent Engagement Platform. Notable successes include Danfoss achieving a 79% attendee conversion rate, Gamma reaching 67% registration-to-attendee conversion with 50% partner engagement, and T-Mobile increasing virtual engagement by 40X.

Companies leveraged AI-driven personalization and first-party data collection to enhance their digital engagement strategies. The Home Depot improved customer workshop attendance by 20%, while Veeam achieved 9X ROI in pipeline with a 4.4 engagement score. PowerSchool generated record-breaking pipeline during an AI-powered assistant launch, and Arctic Wolf influenced significant pipeline through a thought leadership summit.

ON24 (NYSE: ONTF) has scheduled its fourth quarter and full year 2024 earnings release and conference call for Tuesday, February 25, 2025. The financial results will be released after U.S. markets close, followed by a management-hosted conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Investors can access the live call via webcast at investors.ON24.com or by dialing 877-497-9071 (domestic) or 201-689-8727 (international). An archived version of the webcast will be available on the company's investor relations website approximately one hour after the live call concludes.

ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, has announced its upcoming participation in the 27th Annual Needham Growth Conference. The company will deliver a presentation on January 14th, 2025 at 4:30pm ET.

Investors and interested parties can access both the live webcast and replay of the presentation through ON24's investor relations website at investors.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.