---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-009387"
form_type: "8-K"
ticker: "OSPN"
cik: "0001044777"
company_name: "OneSpan Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:20:03.409825+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OneSpan Q4 rev $62.9M (+11% YoY); GAAP net income $0.4M; guides FY2024 Adj EBITDA $47-52M

## Summary
- Q4 revenue $62.9M (+11% YoY); subscription revenue $27.3M (+15% YoY); ARR $154.6M (+11%).
- Q4 GAAP net income $0.4M ($0.01 diluted EPS) vs net loss $3.1M; non-GAAP net income $7.5M ($0.19).
- Full year revenue $235.1M (+7% YoY); GAAP operating loss $28.9M; Adjusted EBITDA $12.0M vs $6.4M.
- FY2024 guidance: revenue $238-246M, ARR $160-168M, Adjusted EBITDA $47-52M (20-23% margin).
- Repurchased $29.2M of stock in FY2023, including $25.4M via modified Dutch tender offer.

## SEC filing metadata
- accession: 0001628280-24-009387
- form_type: 8-K
- ticker: OSPN
- cik: 0001044777
- company_name: OneSpan Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1044777/000162828024009387/0001628280-24-009387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1044777/000162828024009387/ospn-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-009387
- JSON: https://secwatch.observer/filing/0001628280-24-009387.json
- Plain text: https://secwatch.observer/filing/0001628280-24-009387.txt

## Key facts
- Earnings Releases
  OneSpan Inc. reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On March 6, 2024, OneSpan Inc. issued a press release announcing certain financial results and other information for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1044777/000162828024009387/0001628280-24-009387-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.