ON24 (NYSE:ONTF) Issues Q1 2025 Earnings Guidance

ON24 (NYSE:ONTF) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of -0.030–0.010 for the period, compared to the consensus 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 Stock Performance

NYSE ONTF traded down $0.01 during trading on Tuesday, hitting $6.09. 135,459 shares of the company’s stock traded hands, compared to its average volume of 95,166. ON24 has a 12-month low of $5.37 and a 12-month high of $7.48. The stock 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 of $6.62 and a 200-day moving average of $6.42.

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling at ON24

In other ON24 news, insider Jayesh Sahasi sold 5,047 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $7.00, for a total value of $35,329.00. Following the completion of the transaction, the insider now directly owns 692,045 shares in the company, valued at approximately $4,844,315. The trade was a 0.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Steven Vattuone sold 7,538 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $6.69, for a total value of $50,429.22. Following the sale, the chief financial officer now owns 568,435 shares in the company, valued at $3,802,830.15. The trade was a 1.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 168,637 shares of company stock valued at $1,110,727 over the last ninety days. 32.30% of the stock is currently owned by company insiders.

ON24 Company Profile

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.