earnings
confidence high
sentiment positive
materiality 0.70
OneSpan Q3 revenue $52.3M (+2% YoY), recurring up 38%, raises FY2021 guidance midpoints
OneSpan Inc.
2021-Q3 EPS reported
-$0.42
revenue$155,328,000
- GAAP net loss $1.0M ($0.02 loss per diluted share); Non-GAAP EPS $0.03.
- Recurring revenue $30.5M (+38% YoY); ARR $119.0M (+24% YoY); DBNE 115%.
- Adjusted EBITDA $1.7M vs $2.7M year ago; cash & equivalents $97.8M.
- FY2021 guidance raised: revenue $209-213M, recurring $118-120M, Adj EBITDA improved to -$6 to -$8M.
- During 9M 2021 repurchased $7.5M in shares; supply chain challenges in hardware mitigated.