ON24 (NYSE:ONTF) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

ON24 beat estimated earnings by 12.5%, reporting an EPS of $-0.14 versus an estimate of $-0.16.

Revenue was down $3.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 4.64% drop in the share price the next day.

Here's a look at ON24's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

ON24 management provided guidance for FY 2022, expecting earnings between $-0.57 and $-0.51 per share.

To track all earnings releases for ON24 visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.