ON24 Inc reports results for the quarter ended in December - Earnings Summary

ON24

01/03/2023 07:33

* ON24 Inc  ONTF.N  reported a quarterly adjusted loss of 4
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue fell 10.5% to $46.57 million from a year ago;
analysts
expected $46.15 million. 
    * ON24 Inc's reported EPS for the quarter was a loss of 25
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ON24 Inc shares had risen by 11.7% this quarter.
    * The company reported a quarterly loss of $12.13 million.
    * Wall Street's median 12-month price target for ON24 Inc is
$9.50
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 07:33 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          -0.04          Beat
 Sep. 30 2022      -0.16          -0.07          Beat
 Jun. 30 2022      -0.16          -0.14          Beat
 Mar. 31 2022      -0.16          -0.13          Beat