SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — ON24 Inc. (ONTF) on Tuesday reported a loss of $11.2 million in its second quarter.
The San Francisco-based company said it had a loss of 27 cents per share. Earnings, adjusted for stock option expense and restructuring costs, were 3 cents per share.
The webcasting and video communications services provider posted revenue of $37.3 million in the period.
For the current quarter ending in September, ON24 expects its results to range from a loss of 1 cent per share to earnings of 1 cent per share.
The company said it expects revenue in the range of $35 million to $36 million for the fiscal third quarter.
ON24 expects full-year earnings in the range of 5 cents to 8 cents per share, with revenue ranging from $145 million to $147.8 million.
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