ON24 (NYSE:ONTF) Issues FY 2025 Earnings Guidance

ON24 (NYSE:ONTF) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.020-0.050 for the period, compared to the consensus estimate of 0.080. The company issued revenue guidance of $138.6 million-$141.6 million, compared to the consensus revenue estimate of $140.1 million. ON24 also updated its Q1 2025 guidance to -0.030–0.010 EPS.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a “hold” rating on shares of ON24 in a research note on Wednesday, January 15th.

ON24 Stock Down 0.1 %

Shares of ONTF stock traded down $0.01 on Tuesday, hitting $6.09. The stock had a trading volume of 135,459 shares, compared to its average volume of 95,166. ON24 has a one year low of $5.37 and a one year high of $7.48. The business has a 50 day moving average price of $6.62 and a 200 day moving average price of $6.42. The company has a market cap of $253.45 million, a PE ratio of -5.85 and a beta of 0.52.

ON24 (NYSE:ONTF) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.22). ON24 had a negative net margin of 28.63% and a negative return on equity of 23.10%. Equities research analysts expect that ON24 will post -0.81 EPS for the current year.

Insiders Place Their Bets

In other news, Director Dominique Trempont sold 4,250 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $1,766,924. This trade represents a 1.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jayesh Sahasi sold 6,457 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $6.69, for a total transaction of $43,197.33. Following the transaction, the insider now owns 700,479 shares of the company’s stock, valued at approximately $4,686,204.51. This trade represents a 0.91 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 168,637 shares of company stock worth $1,110,727 over the last 90 days. Company 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.