ON24 (NYSE:ONTF – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -0.030–0.010 for the period, compared to the consensus earnings per share estimate of 0.010. The company issued revenue guidance of $34.0 million-$34.5 million, compared to the consensus revenue estimate of $34.3 million. ON24 also updated its FY 2025 guidance to 0.020-0.050 EPS.
ON24 Trading Down 0.1 %
ONTF stock traded down $0.01 during trading on Tuesday, reaching $6.09. 135,459 shares of the stock were exchanged, compared to its average volume of 95,166. The firm has a market capitalization of $253.45 million, a price-to-earnings ratio of -5.85 and a beta of 0.52. The business has a 50 day moving average price of $6.62 and a 200-day moving average price of $6.42. ON24 has a 1 year low of $5.37 and a 1 year high of $7.48.
ON24 (NYSE:ONTF – Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.22). ON24 had a negative net margin of 28.63% and a negative return on equity of 23.10%. On average, research analysts anticipate that ON24 will post -0.81 EPS for the current year.
Analyst Ratings Changes
Get Our Latest Stock Analysis on ON24
Insider Buying and Selling at ON24
In related news, Director Dominique Trempont sold 4,250 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $6.94, for a total value of $29,495.00. Following the sale, the director now directly owns 254,600 shares of the company’s stock, valued at approximately $1,766,924. This trade represents a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sharat Sharan sold 36,189 shares of the company’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $6.20, for a total value of $224,371.80. Following the sale, the insider now owns 3,113,728 shares of the company’s stock, valued at $19,305,113.60. This represents a 1.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 168,637 shares of company stock valued at $1,110,727. Corporate insiders own 32.30% of the company’s stock.
About ON24
ON24, Inc provides a cloud-based intelligent engagement platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company provides ON24 Elite, for live and interactive webinar experience; ON24 Breakouts, for live breakout room experience that facilitates networking, collaboration, and interactivity between users; ON24 Forums, for live and interactive experience, which facilitates video-to-video interaction between presenters and audiences; ON24 Go Live, for live and interactive video event experience that enables presenters and attendees to engage face-to-face in real-time; and ON24 Virtual Confrence, for live and large scale managed virtual event experience.
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