OneSpan Inc. (OSPN) Tops Q1 EPS by 8c

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OneSpan Reports Results for First Quarter 2022

May 3, 2022 4:01 PM EDT

First Quarter Financial Results

Total revenue grew 3% year-over-year to $52.4 million Recurring revenue grew 22% year-over-year to $35.2 million1 Annual Recurring Revenue (ARR) grew 21% year-over-year to $130.7 million2 Dollar-based net expansion (DBNE) of 115%3 GAAP net income of $5.2 million Adjusted EBITDA of $0.2 million4 GAAP income per diluted share of $0.13; Non-GAAP loss per diluted share of $(0.01)4

CHICAGO--(BUSINESS WIRE)-- OneSpan Inc. (NASDAQ: OSPN), a global leader in identity verification and e-signatures today... More