ON24 Expects Q2 Total Revenue Of $35.8M-$36.8M (Est $36.163M), Adj EPS Of $0.00-$0.02 (Est $0.01)
Portfolio Pulse from Benzinga Newsdesk
ON24 projects its Q2 total revenue to be between $35.8M and $36.8M, closely aligning with the estimated $36.163M. The company also forecasts its adjusted EPS to range from $0.00 to $0.02, which is in line with the estimated $0.01.

May 07, 2024 | 9:25 pm
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NEUTRAL IMPACT
ON24's Q2 revenue and adjusted EPS projections closely match analyst estimates, indicating stable financial performance.
ON24's revenue and EPS forecasts are in line with analyst expectations, suggesting no significant surprises in its financial performance for Q2. This alignment with estimates typically leads to a neutral short-term impact on the stock price, as the market has likely already priced in these expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100