ON24 Continues To Expect FY24 Total Revenue Of $143M-$147M (Est $144.923M), Revises Adj EPS From $0.02-$0.05 To $0.03-$0.07 (Est $0.05)
Portfolio Pulse from Benzinga Newsdesk
ON24 has maintained its FY24 total revenue forecast at $143M-$147M, aligning with estimates of $144.923M. The company has revised its adjusted EPS guidance upwards from $0.02-$0.05 to $0.03-$0.07, compared to an estimate of $0.05.

May 07, 2024 | 9:28 pm
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POSITIVE IMPACT
ON24 maintains its FY24 revenue forecast and revises its adjusted EPS guidance upwards, indicating a positive outlook.
Maintaining revenue forecasts while increasing EPS guidance suggests operational efficiency and potentially higher profitability, which is likely to be viewed positively by investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100