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) has released findings from a report indicating that post-pandemic B2B buyers require 58% more interactions to make purchasing decisions compared to 2019. The report, conducted in partnership with Heinz Marketing, shows that 70% of B2B buyers prefer digital engagement and 90% have increased participation in digital events. Despite the high interest in digital channels, less than one-third of marketers utilize engagement data for personalization, highlighting a gap in optimizing outreach strategies.
ON24 (NYSE: ONTF) will participate in the 25th Annual Needham Growth Conference on January 11, 2023. The presentation is scheduled for 8 a.m. EST and will be accessible via a live webcast on the investor relations website.
ON24 specializes in digital engagement solutions for businesses, enabling them to connect with audiences effectively. The company supports over 2,000 customers globally, including major players in technology, finance, healthcare, and manufacturing.
ON24 has partnered with Cequence Security to enhance demand generation strategies, resulting in a 40% increase in registration-to-attendee conversion rates. This collaboration harnesses ON24's digital engagement platform to generate thousands of qualified leads, ultimately translating to millions in pipeline revenue. The integration with marketing tools like Marketo and Salesforce has streamlined sales processes. Cequence's use of ON24's engagement tools allows for improved lead scoring and quicker data sharing with sales teams, fostering growth and ROI.
ON24 reported third-quarter 2022 results with total revenue of $47.6 million, a 4% decline year-over-year. The Annual Recurring Revenue (ARR) stands at $165.6 million, witnessing a 1% decrease influenced by foreign currency effects. The company improved its cost structure, achieving approximately $16 million in annual run-rate savings. A net loss of $14.4 million was recorded, equating to $(0.30) per share. For Q4 2022, ON24 anticipates revenue between $45.7 million and $46.7 million and aims for a substantial reduction in non-GAAP losses.
ON24 (NYSE: ONTF) is set to release its third quarter 2022 financial results on November 9, 2022, after U.S. market close. A conference call and webcast will follow at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's performance. ON24 provides a robust sales and marketing platform for digital engagement, serving over 2,000 customers globally, including top technology, banking, healthcare, and industrial firms. The company aims to enhance revenue growth through interactive webinars and virtual events.
ON24 (NYSE: ONTF) announces the appointment of Callan Young as its new Chief Marketing Officer. Young brings extensive B2B software experience and will lead the company's go-to-market strategy to enhance revenue growth. Previously, she served as CMO at Experity and held key roles at Anaplan. CEO Sharat Sharan expressed confidence in Young's ability to scale growth and drive digital engagement. ON24 supports over 2,000 clients globally, focusing on enhancing sales and marketing strategies.
ON24 has appointed Jason Olkowski as the new Chief Customer Success Officer. With over 15 years of experience in enterprise software, Olkowski aims to enhance customer satisfaction and retention for ON24's more than 2,000 clients. This transition follows the tenure of Scott Ray, who served over 20 years in the role. CEO Sharat Sharan emphasized the importance of this appointment for accelerating ON24's customer expansion strategy, helping clients leverage data to improve business outcomes.
ON24 has partnered with 6sense to enhance customer engagement and drive revenue growth using digital experiences. Through the ON24 Platform, 6sense has leveraged audience data and analytics, delivering a significant ROI and generating millions in new pipeline. The collaboration focuses on account engagement, enabling sales teams to effectively prioritize leads. ON24's tools, including Webcast Elite, support 6sense in scaling demand generation activities and improving customer relationships.
ON24 has launched ON24 Elite Explore, an upgraded webinar solution aimed at enhancing digital engagement for marketers. This platform introduces a redesigned user interface with customizable viewing experiences, new engagement tool styles, and advanced production features. Additional enhancements include improved reporting capabilities and data integration with leading CRM and marketing solutions. All innovations are now available, showcasing ON24's commitment to delivering impactful webinar experiences.
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.
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