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) 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.
Zendesk has announced significant gains from its partnership with ON24 (NYSE: ONTF), utilizing the ON24 Digital Experience Platform to enhance its customer engagement and sales pipeline. The strategy includes delivering digital events in multiple languages, reaching 13,000 prospects, and achieving a 51% attendance rate. This digital-first approach has led to a material boost in bookings and qualified leads, showcasing a promising trajectory for revenue growth.
ON24 (NYSE: ONTF) has been recognized as one of the fastest-growing middle-market companies in the Greater Bay Area, ranking #48 on the Middle Market 75 list by the San Francisco Business Times and Silicon Valley Business Journal. As the top-ranking marketing technology firm, ON24's commitment to innovation drives customer engagement and revenue growth. The company supports over 2,000 clients worldwide, offering cloud-based marketing and sales platforms that enhance digital experiences.
ON24 (NYSE: ONTF) has launched ON24 Breakouts, enhancing its Virtual Conference platform. This feature enables deeper audience engagement through breakout rooms for networking, meetings, and direct conversations, aimed at converting prospects into customers. Available for early adopters, ON24 Breakouts allows seamless transitions between different virtual environments, capturing valuable engagement data. This innovation supports companies in adopting digital-first and hybrid strategies, driving interaction among both virtual and physical attendees, thereby potentially increasing conversion rates and revenue growth.
La Trobe University transitioned its Open Day events to digital formats using ON24's platform, achieving a 157% increase in student engagement compared to last year. The virtual events featured live Q&A sessions and pre-recorded lectures, enhancing the prospect of future enrollments. The use of ON24's tools allowed La Trobe to personalize communications, measure engagement, and target potential students in key markets including China, India, and Vietnam. This shift highlights the growing importance of digital recruitment methods in higher education.
ON24 (NYSE: ONTF) has been recognized as the top webinar software by enterprise and mid-market customers in G2’s summer 2021 reports. The ON24 Webcast Elite scored highest in customer satisfaction and market presence. This recognition highlights ON24's commitment to delivering innovative digital engagement solutions. With its platform, companies can create interactive webinars that enhance customer engagement and generate qualified sales leads. ON24’s services are integral for over 2,000 companies worldwide as they leverage data-driven strategies to convert prospects into buyers.
The ON24 Webinar Benchmarks Report 2021 reveals a significant rise in digital engagement through webinars, with usage increasing by 162% and attendance reaching over 60 million. The report highlights that 99% of marketers view webinars as essential to their strategy, with 72% noting a direct impact on revenue. The use of video in webinars surged, with 66% incorporating videos, showing a preference for interactive experiences. On-demand webinars gained traction, increasing to 43% of total views, as organizations adapt to audience preferences and aim for efficient engagement.
ON24 announces that Fujitsu has transitioned its annual event to a global virtual summit, Fujitsu ActivateNow, utilizing the ON24 Digital Experience Platform. This move aims to enhance audience engagement, reaching over 100,000 customers across North America, Europe, and Asia-Pacific. Fujitsu will standardize on ON24 for global customer interactions and internal training. The platform enables personalized experiences while providing valuable audience insights to improve marketing strategies.
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