OneSpan Reports Record Results for Third Quarter of 2019 Driven by 77% Software Growth; Increases Full Year 2019 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
OneSpan Inc. (OSPN) Tops Q3 EPS by 21c, Revenues Beat; Raises FY19 Revenue Guidance
October 29, 2019 4:55 PM EDTOneSpan Inc. (NASDAQ: OSPN) reported Q3 EPS of $0.36, $0.21 better than the analyst estimate of $0.15. Revenue for the quarter came in at $79.7 million versus the consensus estimate of $63.12 million.
Third Quarter 2019 Financial Highlights
Revenue for the third quarter of 2019 was $79.7 million, an increase of 52% from $52.5 million for the third quarter of 2018. Revenue for the first nine months of 2019 was $183.6 million, an increase of 24% from $147.5 million for the first nine months of 2018.Gross Profit for the third quarter of 2019 was $53.1 million and $123.0 million for the first nine months of 2019. Gross Profit for the... More