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 announced its financial results for Q1 2024, highlighting total revenue of $37.7 million and profitability targets met for the fourth quarter in a row. The company showed signs of stabilization in its customer base with increased gross retention rates. Strong enterprise business performance metrics were observed, with a record percentage of ARR in multiyear agreements and highest ARR per customer. Growth in ARR was noted due to the momentum of early adopters of the ON24 next-gen platform and AI-powered offerings. The company expressed confidence in achieving double-digit top-line growth with double-digit EBITDA margins in the long term.