OneSpan Inc. (OSPN) PT Lowered to $29 at Needham & Company

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Go back to OneSpan Inc. (OSPN) PT Lowered to $29 at Needham & Company

OneSpan Reports Results for Second Quarter and First Six Months of 2020

August 11, 2020 4:01 PM EDT

Second Quarter Financial Results

Total revenue declined 2% to $55.0 million Recurring revenue grew 35% to $23.2 million1 Annual Recurring Revenue (ARR) grew 29% to $90.0 million2 Adjusted EBITDA of $3.1 million3 GAAP loss per share of $(0.05) Non-GAAP earnings per share of $0.023

CHICAGO--(BUSINESS WIRE)-- OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today reported financial results for the second quarter and six months ended June 30, 2020.

During the second quarter, OneSpan... More