ON24 (NYSE:ONTF) Posts Better-Than-Expected Sales In Q3 But Quarterly Guidance Underwhelms
Virtual events software company (NYSE:ONTF) reported Q3 FY2021 results topping analyst expectations, with revenue up 15.9% year on year to $49.3 million. On the other hand, guidance for the next quarter missed analyst expectations with revenues guided to $51.5 million, or 1.68% below analyst estimates. ON24 made a GAAP loss of $9.4 million, down on its profit of $6.6 million, in the same quarter last year. ... Continue Reading
Jabin Bastian 2021/11/09 9:58pm
Virtual events software company (NYSE:ONTF) reported Q3 FY2021 results topping analyst expectations, with revenue up 15.9% year on year to $49.3 million. On the other hand, guidance for the next quarter missed analyst expectations with revenues guided to $51.5 million, or 1.68% below analyst estimates. ON24 made a GAAP loss of $9.4 million, down on its profit of $6.6 million, in the same quarter last year. ... Continue Reading