- ON24 press release ( NYSE: ONTF ): Q4 GAAP EPS of -$0.25 beats by $0.04 .
- Revenue of $46.56M (-10.5% Y/Y) beats by $0.41M .
-
For the first quarter of 2023, ON24 expects:
-
Core Platform Revenue, including services, to decline to 10% - 7% and be in the range of $40.2 to $41.2 million.
-
Total revenue of $42.0 to $43.0 million.
-
Non-GAAP operating loss of $5.4 to $4.4 million.
-
Non-GAAP net loss per share of $(0.08) to $(0.06) using approximately 47.5 million basic and diluted shares outstanding.
-
Restructuring charge of $3.8 to $4.3 million, excluded from non-GAAP amounts above
-
For the full year 2023, ON24 expects:
-
Core Platform Revenue, including services, to decline to 10% - 7% and be in the range of $160 to $165 million.
-
Total revenue of $165 to $170 million.
-
Non-GAAP operating loss of $11.0 to $8.0 million.
-
Non-GAAP net loss per share of $(0.08) to $(0.01) using approximately 45.7 million basic and diluted shares outstanding.
-
Restructuring charge of $3.8 to $4.3 million, excluded from non-GAAP amounts above.
For further details see:
ON24 GAAP EPS of -$0.25 beats by $0.04, revenue of $46.56M beats by $0.41M