OneSpan Inc. (OSPN) Tops Q1 EPS by 24c, Revenues Beat; Reaffirms FY21 Revenues Guidance
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OneSpan Reports Results for First Quarter 2021; Reaffirms Full Year 2021 Guidance
May 4, 2021 4:01 PM EDTFirst Quarter Financial Results
Total revenue declined 10% to $50.8 million Recurring revenue grew 12% to $28.9 million1 Annual Recurring Revenue (ARR) grew 29% to $108.5 million2 Dollar-based net expansion (DBNE) of 119%3 GAAP net loss of $9.2 million Adjusted EBITDA of $(5.3) million4 GAAP loss per diluted share of $0.23; Non-GAAP loss per diluted share of $0.164CHICAGO--(BUSINESS WIRE)-- OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today... More
