Benzinga | May 12, 2021 04:44PM EDT

ON24 Sees Q2 Adj. EPS $(0.01) vs $(0.02) Est., Sales $50.5M-$51.5M vs $50.04M Est.; Sees FY21 Adj. EPS $(0.08)-$(0.02) vs $(0.10) Est., Sales $207.5M-$210.5M vs $207.64M Est.

Financial Outlook

For the second quarter of 2021, the Company currently expects

* Total revenue of $50.5 to $51.5 million.

* Non-GAAP operating income of $0 to $1.0 million.

* Non-GAAP net loss per share of $(0.01) using 47 million basic and diluted shares outstanding to non-GAAP net income per share of $0.01 using 57 million diluted shares outstanding.

For the full year 2021, the Company expects

* Total revenue of $207.5 to $210.5 million.

* Non-GAAP operating loss of ($2.0) to non-GAAP operating income of $1.0 million.

* Non-GAAP loss per share of $0.08 to $0.02, using 44.4 million basic and diluted shares outstanding.