ON24 (NYSE:ONTF) Releases 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 guidance of 0.020-0.050 for the period, compared to the consensus earnings per share 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.

ON24 Stock Down 0.1 %

Shares of ONTF traded down $0.01 during midday trading on Tuesday, reaching $6.09. 135,459 shares of the stock were exchanged, compared to its average volume of 95,164. The stock’s 50 day simple moving average is $6.62 and its 200 day simple moving average is $6.42. ON24 has a twelve month low of $5.37 and a twelve month high of $7.48. The company has a market cap of $253.45 million, a P/E ratio of -5.85 and a beta of 0.52.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In related news, Director Dominique Trempont sold 4,250 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $6.98, for a total transaction of $29,665.00. Following the completion of the sale, the director now owns 263,100 shares of the company’s stock, valued at $1,836,438. This represents a 1.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jayesh Sahasi sold 6,457 shares of the stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $6.69, for a total transaction of $43,197.33. Following the sale, the insider now owns 700,479 shares in the company, valued at $4,686,204.51. The trade was a 0.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 168,637 shares of company stock worth $1,110,727 in 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.