NYSE$ONTF
ON24 Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
ON24's first quarter results for 2021 were announced, featuring significant revenue and ARR growth.
ON24 reported a strong first quarter in 2021, with total revenue increasing by 102% year-over-year to $50.1 million and ARR growing by 90% year-over-year to $163.1 million.
- ARR increased 90% year-over-year to $163.1 million as of March 31, 2021.
- Total revenue was $50.1 million, an increase of 102% year-over-year.
- Digital experience platform business revenue (excluding legacy revenue) was $50 million, an increase of 111% year-over-year.
- Free cash flow was $3.2 million for the quarter, compared to $1.2 million in the first quarter of 2020.
Headline financials
Revenue & EPS history
ON24 · Revenue · Quarterly
$50.1M
Revenue by segment
ON24 · $40.5M total across 1 segment · Q2 2023
- Core Platform$40.5M—100.0%
Forward guidance
For the second quarter of 2021, the Company currently expects: Total revenue of $50.5 to $51.5 million. Non-GAAP operating income of $0 to $1.0 million. Non-GAAP net loss per share of $(0.01) using 47 million basic and diluted shares outstanding to non-GAAP net income per share of $0.01 using 57 million diluted shares outstanding.
Tailwinds
- Total revenue of $50.5 to $51.5 million.
- Non-GAAP operating income of $0 to $1.0 million.
- Non-GAAP net loss per share of $(0.01) using 47 million basic and diluted shares outstanding to non-GAAP net income per share of $0.01 using 57 million diluted shares outstanding.
- Total revenue of $207.5 to $210.5 million.
- Non-GAAP operating loss of ($2.0) to non-GAAP operating income of $1.0 million.
Headwinds
- Non-GAAP loss per share of $0.08 to $0.02, using 44.4 million basic and diluted shares outstanding.
- fluctuation in our performance
- history of net losses and expected increases in our expenses
- competition in our markets and any decline in demand for our solutions
- impact of the COVID-19 pandemic
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
-4.1%
Avg return
Earnings day
-3.0%
Avg return
5 days after
-3.5%
Avg return
30 days after
29%
7 / 24 earnings
Positive
+14.1%
Q3 2025
Best reaction
-31.5%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -0.1% | +0.1% | +0.9% | |
| Q3 2025 | +14.1% | +11.4% | +20.4% | |
| Q2 2025 | +3.8% | +10.6% | +15.9% | |
| Q1 2025 | +0.6% | +14.6% | +17.2% | |
| Q4 2024 | -4.1% | -8.9% | -11.1% | |
| Q3 2024 | -0.8% | -1.7% | +0.0% | |
| Q2 2024 | +1.2% | +3.4% | +1.7% | |
| Q1 2024 | -6.5% | -4.4% | -15.8% | |
| Q4 2023 | -9.5% | -6.4% | -11.7% | |
| Q3 2023 | +2.0% | +7.3% | +16.9% | |
| Q2 2023 | -14.4% | -15.4% | -17.3% | |
| Q1 2023 | -1.1% | -3.3% | -8.6% | |
| Q4 2022 | -19.0% | -16.1% | -13.2% | |
| Q3 2022 | +4.3% | +7.8% | +4.3% | |
| Q2 2022 | +0.3% | -1.3% | -9.6% | |
| Q1 2022 | -6.7% | -12.0% | -2.8% | |
| Q4 2019 | -1.9% | +17.3% | +9.2% | |
| Q4 2021 | -9.6% | -14.6% | -11.6% | |
| Q3 2020 | -2.2% | +2.3% | -0.7% | |
| Q3 2021 | -1.7% | -5.7% | -4.9% | |
| Q2 2020 | -1.5% | -6.8% | -5.2% | |
| Q2 2021 | -31.5% | -32.5% | -34.0% | |
| Q1 2021 | -12.8% | -12.0% | -4.8% | |
| Q4 2020 | -2.2% | -4.5% | -19.5% | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro