ON24 ONTF reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
ON24 beat estimated earnings by 12.5%, reporting an EPS of $-0.14 versus an estimate of $-0.16.
Revenue was down $3.88 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 4.64% drop in the share price the next day.
Here’s a look at ON24’s past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
ON24 management provided guidance for FY 2022, expecting earnings between $-0.57 and $-0.51 per share.
To track all earnings releases for ON24 visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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