Highest-materiality recent filing
OneSpan terminates prior buyback, authorizes new $50M share repurchase program through 2028
Board terminated May 2024 repurchase program and adopted up to $50M new authorization on May 7, 2026.
OneSpan Q1 revenue up 4% to $65.9M, ARR up 14% to $192.1M, net income down to $11.6M
Total revenue $65.9M (+4% YoY); subscription revenue $52.7M (+8% YoY).
OneSpan Q4 rev $62.9M (+3%); subscription ARR +11% to $186.9M; dividend raised 8%
Q4 GAAP net income $43.5M ($1.13 diluted EPS) vs $28.8M ($0.72) a year ago; non-GAAP EPS $0.36 vs $0.38.
OneSpan Q3 revenue up 1% to $57.1M; subscription revenue up 12%; ARR $180.2M
Total revenue $57.1M (+1% YoY); subscription revenue $37.8M (+12% YoY); Digital Agreements revenue $16.7M (+9%).
OneSpan Q2 net income $8.3M ($0.21 EPS) up from $6.6M; ARR +8% to $177.8M
Revenue $59.8M (-2% YoY), operating income $10.5M (+38% YoY), net income $8.3M ($0.21 EPS) vs $6.6M ($0.17) prior year.
OneSpan Q1 operating income +22% YoY to $17.2M; revenue down 2% to $63.4M
Total revenue $63.4M (-2% YoY); subscription revenue $43.6M (+9% YoY).
OneSpan Q4 net income $28.8M ($0.72 EPS) vs $0.4M; full-year operating income $44.8M from -$28.9M
Q4 revenue $61.2M (-3% YoY); subscription revenue $36.1M (+32% YoY); ARR $167.7M (+8% YoY).
OneSpan initiates quarterly cash dividend of $0.12 per share
Initial quarterly dividend of $0.12 per share declared by Board.
OneSpan Q3 operating income $11.3M, raises FY24 EBITDA outlook to $65-67M
Operating income $11.3M vs loss $4.8M; net income $0.21 EPS vs $0.10 loss.
OneSpan Q2 rev $60.9M (+9%), net income $6.6M; raises FY ARR & EBITDA guidance
Q2 revenue $60.9M (+9% YoY); subscription revenue $29.6M (+29% YoY).
OneSpan appoints Victor Limongelli as permanent President and CEO effective July 31, 2024
Victor Limongelli, interim CEO since Jan 4, 2024, named permanent President and CEO.
OneSpan Q1 revenue $64.8M (+13% YoY); raises FY2024 Adj. EBITDA guidance to $51-55M
Revenue $64.8M (+13% YoY); subscription revenue $40.0M (+34%); ARR $154.6M (+9%), NRR 107%.
OneSpan Q4 rev $62.9M (+11% YoY); GAAP net income $0.4M; guides FY2024 Adj EBITDA $47-52M
Q4 revenue $62.9M (+11% YoY); subscription revenue $27.3M (+15% YoY); ARR $154.6M (+11%).
OneSpan names Victor Limongelli interim CEO; raises FY2023 guidance
CEO Matthew Moynahan terminated without cause effective Jan 4, 2024; replaced by interim CEO Victor Limongelli.
OneSpan Q3 rev $58.8M (+3%), ARR $149.8M (+10%), guides up; $20M buyback; CAO leaving
Q3 revenue $58.8M (+3% YoY); subscription revenue $26.2M (+18%); ARR $149.8M (+10%); NRR 108%.
Q2 revenue $55.7M (+6% YoY); subscription rev $23.0M (+16%). Net loss $17.8M (-$0.44/diluted) vs $9.4M loss a year ago.
OneSpan Q1 revenue $57.6M (+10% YoY); net loss $0.21 per share
Total revenue $57.6M, up 10% YoY; subscription revenue $30.0M, up 29% YoY.
OneSpan Q4 revenue down 4% to $56.6M; full year up 2% to $219M; guides FY2023 revenue $232-242M
Q4 revenue $56.6M (-4% YoY); subscription revenue $23.8M (+28% YoY); ARR $138.7M (+12% YoY).
OneSpan Q3 revenue up 9% to $57.1M, GAAP loss widens; ARR guidance cut to 12-13%
Revenue $57.1M (+9% YoY); ARR $135.8M (+14%); Digital Agreements rev $12.2M (+20%).
OneSpan Q2 revenue $52.8M (+1% YoY); ARR grows 21% to $134.3M
GAAP net loss $9.4M ($0.23/sh) vs $6.7M loss a year ago; Non-GAAP net loss $4.0M ($0.10/sh).
Phase Two headcount reduction approved; total charges estimated $10M-$17M through 2025, all severance.
OneSpan Q1 revenue $52.4M (+3% YoY), GAAP net income $5.2M vs loss, recurring revenue +22%
Total revenue $52.4M, up 3% YoY; recurring revenue $35.2M, up 22% YoY; ARR $130.7M, up 21% YoY.
OneSpan Q4 revenue $59.2M (+12% YoY), GAAP loss $0.35/sh; ARR $125M (+20% YoY); FY22 outlook flat
Q4 total revenue $59.2M, up 12% from $52.9M; FY21 revenue $214.5M, down 1%.
OneSpan appoints Matthew Moynahan as President and CEO effective Nov 29
Matthew Moynahan appointed President and CEO effective Nov 29, 2021; S. Worth returns to General Counsel.
OneSpan Q3 revenue $52.3M (+2% YoY), recurring up 38%, raises FY2021 guidance midpoints
GAAP net loss $1.0M ($0.02 loss per diluted share); Non-GAAP EPS $0.03.
OneSpan appoints Jan Kees van Gaalen as Interim CFO effective Oct 5, 2021
Jan Kees van Gaalen appointed Interim CFO and Treasurer; John Bosshart remains Chief Accounting Officer.
OneSpan Q2 revenue down 5%; CEO departs; full-year guidance slashed
Q2 revenue $52.3M (-5% YoY); GAAP net loss $6.7M vs loss $2.0M a year ago.
On July 31, 2024, the Board of Directors (the “ Board ”) of OneSpan Inc. (the “ Company ”) appointed Victor Limongelli as President and Chief Executive Officer, effective immediately.
On January 4, 2024, the Board of Directors (the “Board”) of OneSpan Inc. (the “Company”, “OneSpan”, “we”, or “our”) appointed Victor Limongelli as Interim Chief Executive Officer, effective immediately.
Mr. Limongelli replaces Matthew Moynahan, whose employment as the Company’s President and Chief Executive Officer was terminated without cause on January 4, 2024 immediately prior to Mr. Limongelli’s appointment.
On November 3, 2023, the Company and John Bosshart, the Company’s Chief Accounting Officer, agreed in connection with the Company’s cost reduction initiatives that Mr. Bosshart will leave the Company effective December 1, 2023.
Jorge Martell, the Company’s Chief Financial Officer, will serve as the Company’s principal accounting officer effective upon Mr. Bosshart’s departure.
Mr. Martell replaces Jan Kees van Gaalen, who concluded his role as the Company’s Interim Chief Financial Officer concurrently with Mr. Martell’s appointment.
OneSpan Inc. (the “Company”) has announced that Jorge Garcia Martell has been appointed as the Company’s Chief Financial Officer, effective September 6, 2022.
Effective immediately following the conclusion of the 2022 Annual Meeting held on June 8, 2022, the board of directors of the Company (the “Board”) increased the size of the Board to eight and appointed Matt Moynahan, the Company’s President and Chief Executive Officer, to the Board.
On April 4, 2022, OneSpan Inc. (the “Company”) and Mr. Steven Worth, the Company’s General Counsel, Chief Compliance Officer and Corporate Secretary, reached an agreement regarding Mr. Worth’s resignation from the Company after six years of service.
Steven R. Worth, the Company’s current Interim President and Chief Executive Officer, will continue his service as the Company’s General Counsel, Chief Compliance Officer and Corporate Secretary
Matthew Moynahan as the Company’s President and Chief Executive Officer, effective November 29, 2021
Effective October 5, 2021, the Board of Directors of OneSpan, Inc. (the “Company”) appointed Jan Kees van Gaalen to assume the roles of Interim Chief Financial Officer and Treasurer
Max materiality 0.90 · Median 0.65 · Most common event earnings