ON24 (ONTF) Reports Q1 Loss, Tops Revenue Estimates

ON24 (ONTF) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of$ 0.03. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this webcasting and video communications services provider would post earnings of$ 0.02 per share when it actually produced earnings of $0.06, delivering a surprise of 200%.Over the las ...