OneSpan Reports Results for Fourth Quarter and Full Year 2020; Exceeds Full Year 2020 Revenue Guidance

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OneSpan Inc. (OSPN) Reports Q4 EPS of $0.0034, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Below Consensus

February 23, 2021 4:52 PM EST

OneSpan Inc. (NASDAQ: OSPN) reported Q4 EPS of $0.0034, $0.01 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $52.9 million versus the consensus estimate of $42.42 million.

Fourth Quarter Financial Results

Q4 Total revenue declined 25% to $52.9 millionQ4 Recurring revenue grew 24% to $30.4 million1Q4 Annual Recurring Revenue (ARR) grew 29% to $103.8 million2Q4 Dollar-based net... More