Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0.0291161178509532
Stock impact report

OneSpan OSPN Q3 2024 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

OneSpan Inc. (OSPN) 
Last onespan inc. earnings: 3/3 04:05 pm Check Earnings Report
Chief Executive Officer — Victor Limongelli Chief Financial Officer — Jorge Martell TAKEAWAYS Adjusted EBITDA -- $16.7 million and a 29.7% margin, up from $6.3 million and 10.7% margin, driven by operational efficiencies and cost reduction initiatives. Subscription Revenue -- $33.6 million, 29% growth, now 60% of total revenue, reflecting mix shift toward recurring software. Annual Recurring Revenue (ARR) -- $164 million, 9% growth, with net retention rate at 106% primarily from expansion contracts and new customers; ARR guidance for year-end remains $166 million to $170 million. Revenue -- $56.2 million, a 4% YoY decline, attributable mainly to a 36% drop in hardware to $12.1 million. Gross Margin -- 73.9%, up from 69.1%, mainly due to favorable Security business unit product mix. GAAP Net Income Per Share -- $0.21 versus a net loss of $0.10 per share last year; non-GAAP EPS was $0.33, up from $0.09. Cash Position -- $77.5 million with $14 million generated from op Show less Read more
Impact Snapshot
Event Time:
OSPN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OSPN alerts
Opt-in for
OSPN alerts

from News Quantified
Opt-in for
OSPN alerts

from News Quantified