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

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

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

February 23, 2021 4:01 PM EST

Fourth Quarter Financial Results

Q4 Total revenue declined 25% to $52.9 million Q4 Recurring revenue grew 24% to $30.4 million1 Q4 Annual Recurring Revenue (ARR) grew 29% to $103.8 million2 Q4 Dollar-based net expansion (DBNE) of 120%3 Q4 GAAP net loss of $1.8 million Q4 Adjusted EBITDA of $3.2 million4 Q4 GAAP loss per share of $(0.04); Q4 Non-GAAP earnings per diluted share of $0.034

 

Full Year Financial Results

FY Total revenue declined 15% to $215.7... More