secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001558370-22-001595
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan Q4 revenue $59.2M (+12% YoY), GAAP loss $0.35/sh; ARR $125M (+20% YoY); FY22 outlook flat
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- Q4 total revenue $59.2M, up 12% from $52.9M; FY21 revenue $214.5M, down 1%.
- Q4 GAAP net loss $13.8M ($0.35 per diluted share), widened from $1.8M loss ($0.04) in Q4 2020.
- Q4 Non-GAAP loss per diluted share $0.24; Adjusted EBITDA ($0.6)M vs $3.2M positive in Q4 2020.
- Q4 ARR grew 20% YoY to $125M; DBNE 115%.
- FY22 guidance: revenue meet or exceed FY21; adj. EBITDA approx. break-even or higher.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000155837022001595/0001558370-22-001595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000155837022001595/ospn-20220222x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-001595

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