ON24 Q1 revenue $37.7M; non-GAAP EPS $0.02, guides Q2 rev $35.8-36.8M

ON24 INC.

2024-Q1 EPS reported -$0.26 revenue$37,727,000

Total revenue $37.7M; core platform revenue $36.8M; GAAP net loss $10.7M ($0.26 loss per share).
Non-GAAP net income $1.0M ($0.02 per diluted share); adjusted EBITDA $0.3M.
Total ARR $136.5M as of March 31, 2024; cash from ops $2.1M, free cash flow $1.1M; cash & equivalents $196.1M.
Q2 guidance: core platform rev $35-36M, total rev $35.8-36.8M; FY 2024 core rev $139.8-143.8M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ON24 INC. reported the first quarter ended March 31, 2024 results: revenue $37.7 million, net income $(0.26) per diluted share.

Period: the first quarter ended March 31, 2024
Revenue: $37.7 million
Net income: $(0.26) per diluted share
Result: reported results

Exact text from the filing

shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- ON24 Announces First Quarter 2024 Financial Results • Achieved Total Revenue of $37.7 million and exceeded profitability targets for 4th consecutive quarter • Continued signs of stabilization in customer base driven by positive trends in gross retention • Strong

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Source: SEC EDGAR

accession 0001110611-24-000019

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