secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001628280-24-044308
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan Q3 operating income $11.3M, raises FY24 EBITDA outlook to $65-67M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000162828024044308/0001628280-24-044308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000162828024044308/ospn-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-044308

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