ON24 Q2 2024 Adj. EPS $0.03 Beats $0.01 Estimate, Sales $37.349M Beat $36.197M Estimate
Portfolio Pulse from Benzinga Newsdesk
ON24 (NYSE:ONTF) reported Q2 2024 adjusted EPS of $0.03, beating the $0.01 estimate. Sales were $37.349M, surpassing the $36.197M estimate. However, both EPS and sales decreased compared to the same period last year.
August 06, 2024 | 8:57 pm
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ON24 reported Q2 2024 adjusted EPS of $0.03, beating the $0.01 estimate. Sales were $37.349M, surpassing the $36.197M estimate. However, both EPS and sales decreased compared to the same period last year.
ON24's Q2 2024 earnings and sales both beat analyst estimates, which is positive news and likely to boost the stock price in the short term. However, the year-over-year decline in both metrics may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100