Recap: OneSpan Q1 Earnings

OneSpan OSPN reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.

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

Earnings

OneSpan missed estimated earnings by 80.0%, reporting an EPS of $-0.09 versus an estimate of $-0.05.

Revenue was up $5.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 22.41% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.07 -0.10 -0.09 -0.05
EPS Actual 0.03 0.03 -0.10 -0.01
Revenue Estimate 53.19M 52.63M 51.15M 51.99M
Revenue Actual 56.62M 57.15M 52.79M 52.45M

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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