secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001044777-25-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan Q2 net income $8.3M ($0.21 EPS) up from $6.6M; ARR +8% to $177.8M
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- Revenue $59.8M (-2% YoY), operating income $10.5M (+38% YoY), net income $8.3M ($0.21 EPS) vs $6.6M ($0.17) prior year.
- Subscription revenue $36.2M (+22% YoY); ARR $177.8M (+8% including Nok Nok); NRR 101%.
- Gross margin improved to 73% from 66%; adjusted EBITDA $17.6M vs $16.2M.
- Acquired Nok Nok Labs (FIDO2 passwordless authentication); entered $100M revolving credit facility.
- Declared quarterly cash dividend $0.12/share payable Sept 5, 2025 to holders of record Aug 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000104477725000013/0001044777-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000104477725000013/ospn-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001044777-25-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer