ON24 (ONTF) Beats Q2 Earnings and Revenue Estimates

ON24 (ONTF) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of$ 0.01 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this webcasting and video communications services provider would post a loss of$ 0.02 per share when it actually produced earnings of $0.02, delivering a surprise of 200%. Over the la ...