On24 reports Q4 adjusted EPS (4c), consensus (9c)

Reports Q4 revenue $46.567M, consensus $46.15M. "In Q4 we were pleased to deliver improvement in our Core Platform’s in-period gross dollar retention metrics and ARR growth in the life sciences and professional services verticals, however, we were impacted in the technology and manufacturing verticals given the current macroeconomic environment, which had a larger impact on our ARR results," said Sharat Sharan, co-founder and CEO of ON24. "We are in the early innings of a large market opportunity as sales and marketing accelerates to digital channels, and we believe that our focus on product innovation and large enterprise clients will contribute to future growth."