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 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.

Analyst Ratings Changes

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

ON24 Stock Performance

Shares of ON24 stock traded down $0.01 during midday trading on Tuesday, hitting $6.09. 135,459 shares of the company traded hands, compared to its average volume of 95,164. The firm’s fifty day moving average price is $6.62 and its 200-day moving average price is $6.42. The stock has a market cap of $253.45 million, a price-to-earnings ratio of -5.85 and a beta of 0.52. ON24 has a 12 month low of $5.37 and a 12 month high of $7.48.

Insider Buying and Selling at ON24

In other news, CFO Steven Vattuone sold 4,269 shares of ON24 stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $6.63, for a total transaction of $28,303.47. Following the sale, the chief financial officer now directly owns 579,322 shares of the company’s stock, valued at approximately $3,840,904.86. This trade represents a 0.73 % 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, insider Jayesh Sahasi sold 6,457 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $6.69, for a total value of $43,197.33. Following the completion of the transaction, the insider now directly owns 700,479 shares of the company’s stock, valued at $4,686,204.51. This represents a 0.91 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 168,637 shares of company stock worth $1,110,727 over the last quarter. 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.