SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — ON24 Inc. (ONTF) on Wednesday reported a loss of $8.7 million in its first quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 21 cents. Losses, adjusted for stock option expense and restructuring costs, were 1 cent per share.
The webcasting and video communications services provider posted revenue of $34.7 million in the period.
For the current quarter ending in June, ON24 said it expects revenue in the range of $34.5 million to $35.1 million.
The company expects full-year earnings in the range of 2 cents to 5 cents per share, with revenue ranging from $136 million to $139 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONTF at https://www.zacks.com/ap/ONTF
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
