OneSpan Inc. (OSPN) Tops Q1 EPS by 11.3c, Revenues Beat; Offers FY20 Revenue Mid-Point Guidance Above Consensus

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OneSpan Reports Results for First Quarter 2020; Reiterates Full Year 2020 Guidance

May 5, 2020 4:01 PM EDT

First Quarter Financial Results

Total revenue grew 19% to $56.5 millionSoftware revenue grew 90% to $24.4 million1Recurring revenue grew 62% to $26 million2Adjusted EBITDA of $5.3 million3GAAP earnings per share of $0.00Non-GAAP earnings per share of $0.083

CHICAGO, May 05, 2020 (GLOBE NEWSWIRE) --  OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today reported financial results for the first quarter ended March 31, 2020.

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