OneSpan: Q3 Earnings Insights

OneSpan OSPN reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

OneSpan beat estimated earnings by 325.0%, reporting an EPS of $0.09 versus an estimate of $-0.04.

Revenue was up $1.69 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.13 which was followed by a 19.43% drop in the share price the next day.

Here's a look at OneSpan's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.05 -0.05 -0.07 -0.10
EPS Actual -0.18 -0.09 0.03 0.03
Revenue Estimate 56.30M 54.12M 53.19M 52.63M
Revenue Actual 55.73M 57.61M 56.62M 57.15M

To track all earnings releases for OneSpan visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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