secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001558370-21-014074
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan Q3 revenue $52.3M (+2% YoY), recurring up 38%, raises FY2021 guidance midpoints
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000155837021014074/0001558370-21-014074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000155837021014074/ospn-20211102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-014074

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