Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Onestream, Inc. Class A (OS)
NASDAQ:OS
RESEARCH TOOLSreports
Holding OS?
Track your performance easily
Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.02Last Year’s EPS
0.01Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -14.33%
|Next Earnings Date:Sep 03, 2024
Earnings Call Sentiment|Positive
Overall, OneStream showed strong performance in Q3 with significant growth in subscription revenue, positive free cash flow, and continued innovation. However, the decline in license revenue and increased operating expenses presented challenges. Despite these, the company's strategic initiatives and strong billings growth suggest a positive outlook.Company Guidance
During the OneStream Q3 2024 earnings call, the company provided guidance for the fourth quarter and the full year, highlighting its financial performance and strategic initiatives. For Q4 2024, OneStream expects total revenue between $127 million and $129 million, with a non-GAAP operating margin ranging from breakeven to a positive 2%. Non-GAAP net income per share is anticipated to be between $0.01 and $0.03. The full-year guidance was raised, with total revenue expected to be between $484 million and $486 million, and a non-GAAP operating margin projected to be between negative 2% and negative 1%. Additionally, stock-based compensation is forecasted to be between $50 million and $55 million for Q4 and between $315 million and $320 million for the year. OneStream also highlighted its strategic focus on transitioning to a 100% SaaS model and driving durable growth through continuous investment in technology and partnerships.Strong Subscription Revenue Growth
Subscription revenue increased by 39% year-over-year to $111 million, with ARR growing more than 30% year-over-year.
Positive Free Cash Flow
OneStream generated over $60 million in free cash flow over the past 4 quarters and was free cash flow positive in Q3.
Expansion of Customer Base
Added 52 new customers in the quarter, bringing the total to over 1,500, highlighting the company's growth and expansion.
Innovative Product Development
Introduced 3 new innovations at Splash EMEA, increasing the total to 15 new innovations this year, marking a period of significant innovation for the company.
Successful SaaS Conversions
Achieved a number of conversions from term licenses to SaaS, including three significant ones with ARR greater than $500,000.
Strong Billings Growth
Billings increased 25% year-over-year to a record $149 million.
---
OS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
OS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $33.43 | $32.34 | -3.26% |
| Sep 03, 2024 | $30.76 | $29.57 | -3.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Onestream, Inc. Class A (OS) report earnings?
Onestream, Inc. Class A (OS) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Onestream, Inc. Class A (OS) earnings time?
Onestream, Inc. Class A (OS) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OS EPS forecast?
OS EPS forecast for the fiscal quarter 2024 (Q4) is 0.02.
---