OneSpan Inc. (OSPN) Misses Q4 EPS by 16c

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OneSpan Reports Results for Fourth Quarter 2021 and Full Year 2021

February 22, 2022 4:01 PM EST

Fourth Quarter Financial Results

Q4 Total revenue grew 12% year-over-year to $59.2 million Q4 Recurring revenue grew 4% year-over-year to $31.6 million1 Q4 Annual Recurring Revenue (ARR) grew 20% year-over-year to $125.0 million2 Q4 Dollar-based net expansion (DBNE) of 115%3 Q4 GAAP net loss of $13.8 million Q4 Adjusted EBITDA of $(0.6) million4 Q4 GAAP loss per diluted share of $0.35; Q4 Non-GAAP loss per diluted share of $0.244

 

Full Year Financial Results

FY Total revenue declined... More