The latest trading session saw OneSpan (OSPN) ending at $16.23, denoting a +0.5% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq increased by 0.04%. Heading into today, shares of the internet security company had gained 3.53% over the past month, outpacing the Computer and Technology sector's gain of 0.73% and the S&P 500's gain of 1.95% in that time. Inve ...

Costs controlled: The most interesting factor behind OneSpan's recent performance has been the impressive cost cuts the company has materialized. OpEx was 35% lower in 1H24, and gross margins were 500 basis points higher. The workforce has been reduced by close to half. In this respect, 2Q24 maintained a quarterly OpEx trend of around $30/31 million, which is very salutary. Although OpEx may raise in 2H24 (potentially for bonuses and higher D&A), the company is in line to post $75 million in annualized savi ...

OneSpan Inc. (NASDAQ:OSPN) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Joe Maxa - Vice President of Investor Relations Victor Limongelli - President & Chief Executive Officer Jorge Martell - Chief Financial Officer Conference Call Participants Gray Powell - BTIG Rudy Kessinger - D.A. Davidson Anja Soderstrom - Sidoti Operator Good day and thank you for standing by. Welcome to the Q2 2024 OneSpan Earnings Conference Call. At this time, all participants are in a listen-only ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO Commission file number 000-24389 _____________________ ...

Exhibit 99.1 OneSpan Reports Second Quarter 2024 Financial Results Second Quarter Financial Results • Second quarter revenue grew 9% year-over-year to $60.9 million • Second quarter subscription revenue grew 29% year-over-year to $29.6 million • Annual Recurring Revenue (ARR) increased 15% year-over-year to $165.3 million 1 2 • Net Retention Rate (NRR) of 112% BOSTON, August 1, 2024 – OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today reported financial results for the second quarte ...

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that conside ...

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for OneSpan. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. Investors will be eagerly watching for the performance of OneSpan in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.19, signifying a 205.56% increase compa ...

OneSpan (OSPN) closed the most recent trading day at $12.63, moving +0.8% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.16% for the day. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.49%. Investors will be eagerly watching for the performance of OneSpan in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.19, showcasing a 205.56% upward movement from the corresponding ...

Investors will be eagerly watching for the performance of OneSpan in its upcoming earnings disclosure. In that report, analysts expect OneSpan to post earnings of $0.19 per share. This would mark year-over-year growth of 205.56%. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our conse ...

Onespan (OSPN) is a Zacks Rank #1 (Strong Buy) that has a D for Value and an A for Growth. This is a security software company that focuses on e-signatures and fraud protection. Let's explore more about this company in this Bull of The Day article. Description OneSpan Inc. provides software services. The Company designs and develops security software and e-signature solutions which protects devices and financial transactions from fraud and misuse. It delivers risk analytics, mobile security and authenticati ...