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) is a software company that focuses on an AI-enabled intelligent engagement platform for B2B marketing, sales, and other customer-facing teams. The ON24 news stream highlights how the company develops and expands this platform, as well as key corporate events that affect shareholders and users of its technology.
News about ON24 often covers product and platform developments, such as the launch of ON24 AI Propel+, which the company describes as a solution that transforms webinars and other virtual events into full-funnel, omni-channel, global campaigns using AI-powered content automation and first-party engagement data. Other coverage includes ON24’s AI-powered Analytics and Content Engine (ACE) and its patented "Key Moments" technology, which automatically identifies and extracts high-impact segments from long-form video and virtual events for use in campaigns and audience engagement.
Investors and observers can also find news on ON24’s collaborations and integrations, including its integration with LinkedIn. ON24 explains that this collaboration enables customers to build ON24-hosted experiences, publish them to LinkedIn Events, use LinkedIn registration forms that sync into ON24, and run event ad promotions on LinkedIn to expand audience reach and connect event data.
Company announcements additionally highlight customer stories and recognition from third parties. Examples include case studies with organizations such as Plante Moran and the University of Cambridge Judge Business School, as well as rankings in G2 Enterprise Grid reports, where ON24 has been recognized in the Enterprise Webinar Platform category based on customer satisfaction and market presence.
Another important category of ON24 news involves corporate and strategic developments. The company has announced financial results through quarterly earnings releases and has disclosed that it entered into an Agreement and Plan of Merger with an affiliate of Cvent, under which ON24 would become a wholly owned subsidiary and its common stock would cease to be publicly listed upon completion of the transaction, subject to conditions. Following ON24 news can therefore provide insight into both its technology roadmap and its corporate trajectory.
ON24 (NYSE: ONTF) has secured top rankings in G2 Fall 2024 Reports for its intelligent engagement platform, recognized for strong market presence and customer satisfaction. The platform, designed for B2B sales and marketing, features AI-powered Analytics and Content Engine (ACE) that enables organizations to capture actionable first-party data and improve business outcomes. G2's rankings are based on actual customer feedback, validating ON24's consistent performance over the past five years as a leading solution for intelligent engagement and pipeline growth.
ON24 reported Q3 2024 financial results with total revenue of $36.3 million and Core Platform revenue of $35.6 million. The company achieved a non-GAAP net income of $1.1 million ($0.02 per share), while GAAP net loss was $11.4 million. Total ARR stood at $132.2 million as of September 30, 2024. The quarter showed improved retention metrics and positive free cash flow of $0.1 million. The company's AI-powered ACE solution demonstrated strong growth, with ACE ARR increasing as a percentage of growth ARR. For Q4 2024, ON24 expects total revenue between $35.4-36.4 million and non-GAAP net income of $0.01-0.02 per share.
ON24 (NYSE: ONTF) has announced the date for its Third Quarter 2024 Earnings Release and Conference Call. The company will release its financial results on Thursday, November 7, 2024, after U.S. markets close. ON24 management will host a conference call and webcast on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company's business and financial performance.
Investors and interested parties can access the webcast through the company's investor relations website at investors.ON24.com. For those who prefer to join by phone, the dial-in numbers are 877-497-9071 (US) and 201-689-8727 (International). An archived version of the webcast will be available on the investor relations website approximately one hour after the live call concludes.
ON24 (NYSE: ONTF) has released a research report titled 'Personalization in the AI Era', highlighting the critical role of AI in scaling personalization for B2B sales and marketing. The study reveals that 84% of B2B marketers believe AI enables personalization, which is important for driving pipeline and revenue growth. Key findings include:
- 88% of marketers plan to use AI for personalization efforts
- Only 35% currently personalize based on engagement data
- 54% believe personalization will accelerate pipeline and close deals faster
The report emphasizes the growing importance of personalization in B2B marketing and identifies AI as a key enabler for achieving this at scale. ON24's CMO, Callan Young, states that the company is focusing on personalization in its innovation roadmap to help sales and marketing teams engage target audiences effectively.
ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, has announced its participation in the Canaccord Genuity 44th Annual Growth Conference. The event is scheduled for August 14th, 2024, with ON24's presentation set to take place at 3:00 p.m. ET.
Investors and interested parties can access a live webcast of the presentation through ON24's investor relations website at investors.on24.com. For those unable to attend the live event, a replay will also be available on the same platform. This conference provides an opportunity for ON24 to showcase its growth strategies and engage with potential investors in the B2B technology sector.
ON24 (NYSE: ONTF) announced its Q2 2024 financial results, reporting a total revenue of $37.3 million and Core Platform revenue of $36.5 million. The company achieved positive free cash flow for the second consecutive quarter and exceeded profitability targets for the fifth consecutive quarter. Core Platform Annual Recurring Revenue (ARR) was $131.0 million, contributing to a total ARR of $133.7 million. GAAP operating loss was $13.1 million, an improvement from the $15.8 million loss in Q2 2023. Non-GAAP net income was $1.5 million, or $0.03 per diluted share. Adjusted EBITDA reached $0.8 million. The financial outlook for Q3 forecasts total revenue between $35.0 million and $36.0 million and a non-GAAP operating loss between $2.3 million and $1.3 million.
ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, has announced an integration with 6sense, an AI-powered platform for B2B marketing and sales teams. This integration allows joint customers to combine ON24's first-party engagement data with 6sense's intent data to deliver hyper-personalized experiences at scale, aiming to improve ROI and increase revenue growth.
The integration enables customers to:
- Implement integrated account-based marketing (ABM) strategies
- Build dynamic audience segments
- Scale hyper-personalized experiences
- Orchestrate campaigns and buying journeys
- Improve account targeting, lead quality, and conversion
ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, has achieved Silver Certified Status in the Veeva Product Partner Program. This integration allows life sciences companies to leverage ON24's Intelligent Engagement Platform with Veeva CRM Events Management, enabling enhanced digital engagement with healthcare professionals (HCPs) through webinars, virtual events, and content experiences.
The partnership aims to streamline event execution, consolidate HCP engagement data, analyze content performance, and ensure compliance. ON24 plans to release an integration for Veeva Vault CRM later this year, further expanding its capabilities in the life sciences industry.
ON24 (NYSE: ONTF) is set to announce its second quarter 2024 financial results on Tuesday, August 6, 2024, after U.S. markets close.
A conference call and webcast will be hosted by ON24 management at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company's business and financial performance.
Interested parties can access the webcast at investors.ON24.com or dial in using the provided numbers. An archived version of the webcast will be available on the company's investor relations website approximately one hour after the live call.
ON24 (NYSE: ONTF) has announced the winners of its 2024 Digital Engagement Excellence Awards at The ON24 Experience 2024, celebrating companies that have excelled in using its platform to drive revenue, advance AI adoption, and innovate customer experiences. Honorees include Autodesk, Guardian, SAP, and UCB, recognized for exceptional digital engagement strategies. Notable achievements include a 48% YoY sales growth by AAA - The Autoclub Group, a 12X ROI on pipeline by Autodesk, and tripled revenue results by Guardian. The awards highlight ON24's role in helping companies stay at the forefront of their industries through data and AI-driven engagement.