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. (NYSE: ONTF) operates a leading cloud-based platform for interactive webinar experiences and virtual event solutions. This page serves as the definitive source for corporate announcements, financial updates, and strategic developments from the digital engagement specialist.
Investors and professionals will find curated news about product enhancements, earnings reports, and strategic partnerships that demonstrate ON24's evolution in the marketing technology sector. The platform's integration with enterprise CRM systems and focus on measurable engagement metrics remain central to its value proposition.
Key updates include announcements about webinar technology innovations, subscription model developments, and lead generation analytics. All content is sourced from official releases to ensure compliance with financial disclosure standards.
Bookmark this page for streamlined access to ON24's latest business milestones and operational updates. Check regularly for insights into how the company continues shaping digital audience engagement through cloud-based solutions.
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.
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.
FAQ
What is the current stock price of ON24 (ONTF)?
What is the market cap of ON24 (ONTF)?
