secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001628280-23-015696
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan Q1 revenue $57.6M (+10% YoY); net loss $0.21 per share
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- Total revenue $57.6M, up 10% YoY; subscription revenue $30.0M, up 29% YoY.
- ARR $141.3M, up 10% YoY; NRR 108%.
- GAAP net loss $8.4M ($0.21 loss per diluted share) vs net income $5.2M ($0.13) last year.
- Adjusted EBITDA -$1.6M vs $0.2M in Q1 2022.
- FY 2023 guidance: revenue $232-$242M (6-11% growth); Adjusted EBITDA $3-$6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000162828023015696/0001628280-23-015696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000162828023015696/ospn-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-015696

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