ON24 INC Stock Price, News & Analysis

ON24 has partnered with Shell Catalysts & Technologies to enhance digital engagement with energy producers through its Digital Experience Platform. This collaboration enables Shell to capture consumer insights and personalize interactions, accelerating their digital-first strategy. The platform includes tools like Webcast Elite and Engagement Hub to create and analyze virtual experiences. The initiative aligns with Shell's mission for cleaner energy solutions, showcasing the importance of data-driven strategies in today's fast-paced market.

ON24 (NYSE: ONTF) has launched Hybrid Mode in its Webcast Elite platform, enabling organizations to create immersive hybrid events that integrate in-person and virtual experiences. This feature allows companies to capture valuable engagement data from both audiences, tailoring content and interactions accordingly. The platform also offers a suite of production services, enhancing the quality of events. With over 2,000 global clients, ON24 aims to drive better audience insights and measurable business growth through innovative event solutions.

ON24 has launched Hybrid Mode in its ON24 Webcast Elite, allowing organizations to enhance engagement for both in-person and virtual attendees. This feature enables seamless integration, where all participants can interact via the same digital tools, contributing to enriched data collection on attendee behavior. The new service also supports various production needs, including live streaming and translation services, broadening audience reach. This development aligns with the industry's shift toward hybrid events to optimize engagement and lead nurturing.

ON24 (NYSE: ONTF) has been recognized as the Best Overall Event Management Platform by MarTech Breakthrough for its innovation and effectiveness. Additionally, Forrester acknowledged ON24 as a growth stage company in the B2B content engagement market, highlighting its ON24 Engagement Hub. These accolades reinforce ON24's commitment to enhancing customer engagement through a robust digital experience platform. The platform supports various dynamic content, including webinars and virtual events, catering to over 2,000 clients worldwide and driving measurable revenue growth.

ON24 (NYSE: ONTF) has been recognized for its innovative performance in the digital engagement space. The company’s Digital Experience Platform was named the Best Overall Event Management Platform by MarTech Breakthrough. Additionally, Forrester identified ON24 as a growth stage leader in content engagement solutions. These accolades highlight ON24's effectiveness in delivering branded digital experiences, driving customer engagement, and facilitating revenue growth for over 2,000 businesses globally.

John Hancock partnered with ON24 (NYSE: ONTF) to enhance digital engagement, resulting in a remarkable 266% increase in new business for over 1,500 financial advisors. Virtual events held through ON24 enabled advisors to achieve five times more sales compared to their non-participating counterparts. The transition from in-person meetings to digital platforms has led to an overall 25% growth in sales for John Hancock. With ON24's advanced digital experience tools, prospective partners are now 20% more likely to engage with the company post-event.

ON24 (NYSE: ONTF), a leading cloud-based digital experience platform provider, is set to participate virtually in key investor events. These include the 41st Annual Canaccord Growth Conference on August 12, 2021, at 1:30 p.m. PT, and the Piper Sandler Global Technology Conference on September 14, 2021. Webcast presentations by ON24 executives will be available on the company’s investor relations website. ON24 empowers over 2,000 companies globally, enhancing engagement through interactive webinars and virtual events.

ON24 (NYSE: ONTF) reported a 43% year-over-year revenue growth for Q2 2021, amounting to $52.1 million, with subscription revenue increasing 68% to $44.4 million. Despite this growth, the company faced a net loss of $2.5 million, or $(0.05) per share, contrasting with a profit in the same quarter last year. Additionally, free cash flow decreased to $5.7 million from $13.8 million. Looking forward, ON24 forecasts third-quarter revenue between $47.5 million and $48.5 million and anticipates a non-GAAP operating loss.

ON24 (NYSE: ONTF) will announce its second quarter 2021 financial results on August 10, 2021, after U.S. market close. A conference call will follow at 2:00 PM PT (5:00 PM ET) to discuss performance and future outlook. ON24, a leader in cloud-based hybrid engagement platforms, serves over 2,000 companies globally, including major players in technology, banking, healthcare, and manufacturing. The platform enables businesses to enhance engagement, conversions, and revenue through AI-driven interactive experiences.