Strong Q3 Financial Performance
ON24 delivered a strong Q3 with revenue and profitability above guidance. Total revenue was $34.6 million and ARR ended at $124.5 million.
Major LinkedIn Partnership
ON24 signed a major new partnership with LinkedIn to enhance digital event marketing, with seamless integration for event promotion on LinkedIn.
AI Product Growth
Close to 20% of customers are paying for AI solutions, with new packages like AI Translate and AI Propel Plus expected to drive further growth.
Positive Cash Flow and Efficiency
ON24 generated positive free cash flow for the seventh consecutive quarter and is leveraging AI to increase operational efficiency.
Enterprise Customer Focus
Average core ARR per customer reached over $80,000, with a high percentage of ARR in multiyear contracts.