Brief: On24 Announces Fourth Quarter And Full Year 2022 Financial Results

ON24

28/02/2023 21:24

Feb 28 (Reuters) - On24 Inc  ONTF.N :
    * ON24 ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL
RESULTS
    * QTRLY TOTAL REVENUE WAS $46.6 MILLION, A DECREASE OF 11%
YEAR-OVER-YEAR
    * QTRLY NET LOS PER SHARE $0.25
    * QTRLY NON-GAAP NET LOSS PER DILUTED SHARE $0.04
    * CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES TOTALED
$328.1
MILLION AS OF DECEMBER 31, 2022
    * SEES Q1 TOTAL REVENUE OF $42.0 TO $43.0 MILLION
    * SEES Q1 NON-GAAP NET LOSS PER SHARE OF $0.08 TO $0.06
    * SEES FULL YEAR 2023 TOTAL REVENUE OF $165 TO $170 MILLION
    * Q4 EARNINGS PER SHARE VIEW $-0.09, REVENUE VIEW $46.2
MILLION --
REFINITIV IBES DATA
    * SEES 2023 NON-GAAP NET LOSS PER SHARE OF $0.08 TO $0.01
    * FY2023 EARNINGS PER SHARE VIEW $-0.15, REVENUE VIEW $191.0
MILLION -- REFINITIV IBES DATA
    * Q1 EARNINGS PER SHARE VIEW $-0.08, REVENUE VIEW $46.4
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw33hvkxa 
Further company coverage:  ONTF.N 

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