secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001558370-22-015794
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan Q3 revenue up 9% to $57.1M, GAAP loss widens; ARR guidance cut to 12-13%
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- Revenue $57.1M (+9% YoY); ARR $135.8M (+14%); Digital Agreements rev $12.2M (+20%).
- GAAP net loss $7.2M ($0.18/sh) vs $1.0M loss; non-GAAP net income $1.3M ($0.03/sh).
- Adjusted EBITDA $4.5M vs $1.7M; cash $93.6M.
- FY2022 ARR growth guidance cut to 12-13% from 16-18% due to FX and macro headwinds.
- Adjusted EBITDA guidance raised to $1M-$3M from negative $5M-$7M range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000155837022015794/0001558370-22-015794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000155837022015794/ospn-20221101x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-015794

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