Brief: ON24 Announces First Quarter 2023 Financial Results

ON24

09/05/2023 22:21

May 9 (Reuters) - On24 Inc  ONTF.N :
    * ON24 ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS
    * ON TRACK TO ACHIEVE Q2 2023 PROFITABILITY TARGET
    * SEES Q2 TOTAL REVENUE OF $41.1 MILLION TO $42.1 MILLION
    * SEES FY TOTAL REVENUE OF $162.0 MILLION TO $165.0 MILLION
    * SEES Q2 NON-GAAP NET INCOME PER SHARE OF $0.00 PER SHARE,
OR
BREAK-EVEN EPS, USING APPROXIMATELY 50.5 MILLION DILUTED SHARES
OUTSTANDING
    * SEES FY NON-GAAP NET LOSS PER SHARE OF $0.07 TO NET INCOME
OF
$0.00 PER SHARE
    * Q2 EARNINGS PER SHARE VIEW $-0.00, REVENUE VIEW $41.3
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $-0.06, REVENUE VIEW $166.1
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw5XkgXva 
Further company coverage:  ONTF.N 

 ((Reuters.Briefs@thomsonreuters.com;))