earnings
confidence high
sentiment positive
materiality 0.75
OneSpan Q3 operating income $11.3M, raises FY24 EBITDA outlook to $65-67M
OneSpan Inc.
2024-Q3 EPS reported
$0.73
revenue$182,008,000
- Operating income $11.3M vs loss $4.8M; net income $0.21 EPS vs $0.10 loss.
- Revenue $56.2M (-4% YoY); subscription rev $33.6M (+29%); ARR $163.9M (+9%).
- Non-GAAP EPS $0.33 vs $0.09; Adj. EBITDA $16.7M vs $6.3M.
- FY24 revenue outlook narrowed to $238-242M; EBITDA guidance raised to $65-67M (prev $55-59M).
- Cash $77.5M at Sep 30, 2024, up from $43.0M at Dec 31, 2023.