secwatch.observer — SEC 8-K summary
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Issuer:     OneSpan Inc. (OSPN)
CIK:        0001044777
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001628280-25-008619
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpan Q4 net income $28.8M ($0.72 EPS) vs $0.4M; full-year operating income $44.8M from -$28.9M
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- Q4 revenue $61.2M (-3% YoY); subscription revenue $36.1M (+32% YoY); ARR $167.7M (+8% YoY).
- Q4 GAAP net income $28.8M ($0.72 diluted EPS); non-GAAP net income $9.7M ($0.24 diluted EPS).
- Full year FY2024 revenue $243.2M (+3% YoY); operating income $44.8M vs operating loss $28.9M in FY2023.
- Full year adjusted EBITDA $72.5M vs $12.0M; net income $57.1M ($1.46 EPS) vs net loss $29.8M.
- FY2025 guidance: revenue $245-251M, ARR $180-186M, adj. EBITDA $72-76M; initiated $0.12 quarterly dividend paid Feb 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1044777/000162828025008619/0001628280-25-008619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1044777/000162828025008619/ospn-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-008619

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