SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — ON24 Inc. (ONTF) on Tuesday reported a loss of $10.7 million in its first quarter.
The San Francisco-based company said it had a loss of 26 cents per share. Earnings, adjusted for stock option expense and restructuring costs, were 2 cents per share.
The webcasting and video communications services provider posted revenue of $37.7 million in the period.
For the current quarter ending in June, ON24 said it expects revenue in the range of $35.8 million to $36.8 million.
The company expects full-year earnings in the range of 3 cents to 7 cents per share, with revenue ranging from $143 million to $147 million.
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, source Associated Press News