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) is set to launch its innovative webinar solution, ON24 Elite Explore, during a groundbreaking event on August 24, 2022. The platform advances webinar marketing with enhanced features including a streamlined production experience, improved recording tools, and new audience engagement options. This launch highlights the company's commitment to digital engagement, serving over 2,100 global clients with AI-driven insights for revenue growth. For more details, visit ON24.com.
ON24 (NYSE: ONTF) has emerged as the top source of leads for consulting firm ZS, following a successful expansion of their annual ZS Impact Summit. The event saw a remarkable 72% attendee-to-registrant conversion rate, tripling the number of attendees compared to previous years. Utilizing ON24 digital platforms, ZS was able to gather extensive audience data and enhance client engagement through gamification and analytics integration with Marketo. This collaboration signifies a strategic win for ON24, as they support ZS in transforming event marketing and demand generation.
ON24 reported its second-quarter financial results for 2022, highlighting total revenue of $48.2 million, a 7% decline year-over-year. The company achieved an Annual Recurring Revenue (ARR) of $167.8 million, up 2% year-over-year. Professional Services revenue dropped 33% to $5.2 million. ON24 recorded a GAAP net loss of $16.2 million, or $(0.34) per diluted share. Outlook includes a revenue guidance of $191 to $195 million for 2022, with an expected Non-GAAP operating loss between $(27.5) to $(24.5) million.
ON24 (NYSE: ONTF) has been recognized by two independent research firms for its innovative digital engagement platform, enhancing sales and marketing across various sectors.
Forrester's report places ON24 in the growth stage for account-based marketing (ABM) solutions and early stage for conversation automation technology, highlighting its personalized engagement capabilities. Acknowledgments from Gartner also identify ON24 as a key player in event technology platforms.
The company's virtual event strategy has resulted in a notable 35% increase in marketing's contribution to the pipeline.
ON24 (NYSE: ONTF) has announced the winners of its second annual ON24X Awards, recognizing companies excelling in digital engagement. Key winners include Humana for its on-demand content hub, Home Depot for expanding online workshops, and SAP for hosting a successful hybrid event. These companies utilized the ON24 platform to enhance customer engagement and drive measurable business impact. ON24 continues to support over 2,100 customers globally, helping them leverage digital experiences to boost revenue.
ON24 (NYSE: ONTF) is set to release its second quarter 2022 financial results after the U.S. market close on August 9, 2022. The company will hold a conference call and webcast at 2:00 p.m. PT to discuss its business and financial performance. ON24 delivers a digital engagement platform, serving over 2,100 customers worldwide, including major global technology firms and banks. For further details, visit their website.
ON24, a leader in digital engagement solutions, partners with Varian to enhance training for oncology medical professionals. The collaboration utilizes ON24's platform for live and on-demand webinars, enabling clinicians to access critical information on cancer treatments. This shift aims to improve the delivery of care globally, addressing a key need in the medical community. Varian has replaced its previous webinar tools with ON24's advanced features, such as interactive elements and analytics, enhancing user experience and engagement.
ON24 (NYSE: ONTF) has been recognized for its innovation in event management, virtual event platforms, and webinar software, receiving top ratings from customer review sites TrustRadius and G2. For the second consecutive year, ON24 achieved a top-rated award on TrustRadius for customer satisfaction. Additionally, ON24 Webcast Elite was ranked the #1 webinar software by G2 users for the fourth straight quarter, noted for its high customer satisfaction and market presence.
ON24 (NYSE: ONTF) announced its participation in several upcoming investor events, including the Needham Technology & Media Conference on May 16, 2022, and the J.P. Morgan Global Technology, Media and Communications Conference on May 23, 2022. Also scheduled is the Baird Global Consumer, Technology & Services Conference on June 6, 2022, and a presentation at the William Blair Growth Stock Conference on June 7, 2022, at 1:20 p.m. PT. Live webcasts of these presentations will be available on the company's investor relations website.
ON24 (NYSE: ONTF) has announced enhanced account-based marketing (ABM) capabilities on its platform to improve personalization for B2B buyers. Leveraging first-party data, organizations can customize digital experiences such as webinars and content hubs based on individual buyer profiles. Key features include dynamic greetings, targeted engagement, and automatic branding customization. This upgrade builds on previous personalization efforts aimed at meeting the growing expectations of B2B buyers for tailored digital interactions.
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?
