OneSpan Inc

OneSpan, Inc. engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. Its solutions have the following functions: to secure access to online accounts, data, assets, and applications for global enterprises, to provide tools for application developers to easily integrate security functions into their web-based and mobile applications, and to facilitate digital transactions involving the signing, sending, and managing of documents. The company was founded by T. Kendall Hunt in 1991 and is headquartered in Chicago, IL.

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OneSpan Inc (OSPN) reports robust Q4 earnings, eyes sustained growth

OneSpan Inc (OSPN) demonstrated strong financial performance, strategic restructuring, and a focus on innovation, positioning them for continued growth and profitability.
With a clear vision for product development, market expansion, and customer acquisition, the company is well-equipped to navigate evolving industry trends and capitalize on emerging opportunities.
While challenges exist in a competitive landscape and operational efficiency, OneSpan Inc (OSPN) remains confident in their ability to meet long-term targets and drive successful execution.

OneSpan Inc (OSPN) reports strong Q1 growth and invests in future digital security

OneSpan Inc (OSPN) demonstrated solid performance in Q1 2023 with revenue and ARR growth.
The company's strategic investments in new products and technologies position it well for future expansion.
Challenges in the macroeconomic environment are being addressed while opportunities in digital security remain promising.

OneSpan Inc reports Q2 growth, targets higher profitability by 2024

OneSpan Inc's Q2 2023 performance showed revenue and ARR growth, alongside ongoing cost reduction efforts.
Challenges include macro uncertainties affecting the digital agreement segment and the need to enhance sales team productivity.
The company's strategic focus on profitability, demand generation, and aligning sales and marketing efforts presents opportunities for future growth.

OneSpan Inc reports Q3 growth, targets profitability and strategic acquisitions

OneSpan Inc's Q3 performance reflects steady revenue growth, cost reduction efforts, and progress towards profitability targets, positioning the company for future success.
With a clear focus on operational efficiency, strategic business unit transitions, and enhanced financial guidance, OneSpan demonstrates a commitment to sustainable growth and value creation.
While facing challenges in Q4 profitability and balancing cost savings with strategic investments, the company remains optimistic about its outlook and opportunities for expansion and innovation.

OneSpan Inc reports robust Q4 earnings, eyes growth opportunities

OneSpan Inc's Q4 2023 earnings call highlighted strong financial performance, operational improvements, and strategic focus on revenue growth. The company aims to achieve financial targets, improve efficiency, and enhance shareholder value through capital allocation strategies and sales team productivity.

OneSpan Inc (OSPN) reports strong Q1 performance and targets $75M cost savings

OneSpan Inc (OSPN) demonstrated robust financial performance in Q1 2024, marked by revenue growth, profitability, and cost-saving initiatives.
The company's strong ARR growth and cash position provide a solid foundation for future growth and strategic investments.
Analyst inquiries highlighted areas for improvement and strategic focus, indicating a proactive approach to addressing challenges and leveraging opportunities.

OneSpan Inc reports solid Q2 results, eyes growth opportunities

OneSpan Inc's Q2 2024 performance reflects positive growth trends, improved operational efficiency, and a strategic shift towards software and services.
While facing challenges in hardware revenue and scaling innovations, the company's strengths in renewals, digital agreements, and leadership stability offer a strong foundation for future growth.
Opportunities lie in expanding SaaS offerings, leveraging new products, and capitalizing on the strong performance of key business units to drive continued success.
Overall, OneSpan Inc's outlook appears promising with a focus on profitability, innovation, and potential capital returns to shareholders.

OneSpan Inc posts profitable Q3 with subscription revenue growth

OneSpan Inc (OSPN) reported a profitable quarter with strong subscription revenue growth, despite a 4% decline in total revenue driven by lower hardware sales.
The company showcased profitability in both Digital Agreements and Security segments, with a focus on cost reduction and higher-margin software revenue.
Opportunities lie in potential capital return to shareholders, transitioning to software revenue, and exploring drivers of subscription revenue growth.

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OneSpan, Inc. engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. It operates through the Digital Agreements and Security Solutions segments. The Digital Agreements segment consists of solutions that enable the company's clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation, and compliance. The Security Solutions segment refers to the portfolio of software products and software development kits that are used to build applications designed to defend against attacks on digital transactions across online environments, devices, and applications. The company was founded by T. Kendall Hunt in 1991 and is headquartered in Boston, MA.

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced the launch of the OneSpan Integration Platform. This modern platform enables organizations to effortlessly integrate eSignatures into well-known applications, ensuring that sending, signing, and storing transactions is seamless and more efficient. The number of SaaS applications businesses use has increased rapidly in recent years, with organizations using 342 apps on average. The vast number and application types make it hard.

OneSpan Announces Integration Platform for eSignatures

This company trades at a very low multiple and has seen operating margins flip from negative to positive.

Bull Of The Day: Onespan (OSPN)

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced that members of its management team will participate in the following investor conferences: Oppenheimer 9th Annual Emerging Growth Conference. OneSpan management will be hosting virtual meetings on Thursday, May 9, 2024. 19th Annual Needham Technology, Media & Consumer Conference. OneSpan management will be hosting in-person meetings at the conference in New York on Wednesday, May.

OneSpan Announces Participation in Upcoming Investor Conferences

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today reported financial results for the first quarter ended March 31, 2024. “I am very proud of the OneSpan team's performance in the first quarter, which resulted in a strong topline, enhanced profitability and positive cash flow generation,” stated OneSpan interim CEO, Victor Limongelli. “Since I've taken the helm in January, we have continued to find opportunities for additional cost reductions, a.

OneSpan Reports First Quarter 2024 Financial Results

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced it will release its first quarter 2024 financial results after the market close on Thursday, May 2, 2024. OneSpan will host a conference call that day at 4:30 p.m. ET to discuss the results. A live webcast of the conference call will be accessible from the OneSpan investor relations website at investors.onespan.com. Shortly after the conclusion of the call, a replay of the webcast will.

OneSpan to Announce First Quarter Financial Results on May 2, 2024

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OneSpan rose 30% in premarket trading on Thursday after it posted an upbeat revenue forecast and beat quarterly profit expectations, fanning optimism among investors about healthy demand for cybersecurity services.

Cybersecurity firm OneSpan surges on strong annual revenue forecast

OneSpan Inc. (NASDAQ:OSPN ) Q4 2023 Earnings Conference Call March 7, 2024 4:30 PM ET Corporate Participants Joe Maxa - Vice President of Investor Relations Victor Limongelli - Interim Chief Executive Officer Jorge Martell - Chief Financial Officer Conference Call Participants Rudy Kessinger - DA Davidson Gray Powell - BTIG Alex Hantman - Sidoti Operator Good day and thank you for standing by. Welcome to the OneSpan Fourth Quarter 2023 Earnings Conference Call.

OneSpan Inc. (OSPN) Q4 2023 Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today reported financial results for the fourth quarter and full year ended December 31, 2023. “We ended the year on a high note led by strong operational rigor and accelerated cost reduction actions over the second half of 2023, resulting in 3% GAAP operating margin and 18% adjusted EBITDA margin in the fourth quarter, a dramatic improvement from the prior year,” stated OneSpan interim CEO, Victor Li.

OneSpan Reports Fourth Quarter and Full Year 2023 Financial Results

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced it will release its fourth quarter and fiscal year 2023 financial results after market close on Wednesday, March 6, 2024. OneSpan will host a conference call that day at 4:30 p.m. ET to discuss the results. A live webcast of the conference call will be accessible from the OneSpan investor relations website at investors.onespan.com. Shortly after the conclusion of the call, a replay of.

OneSpan to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 6, 2024

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced that members of its management team will participate in the 26th Annual Needham Growth Conference, taking place January 16 – January 19, 2024. OneSpan management, including recently appointed CEO Victor Limongelli, will be hosting in-person meetings at the conference in New York on Wednesday, January 17, as well as virtual investor meetings on Friday, January 19. About OneSpan OneSpan.

OneSpan Announces Participation in 26th Annual Needham Growth Conference

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (Nasdaq: OSPN) (“OneSpan” or the “Company”) today announced a leadership change designed to strengthen its strategic plan and accelerate the pace of execution of the Company's ongoing transformation. Victor Limongelli, a seasoned software CEO, has been named Interim Chief Executive Officer. Mr. Limongelli replaces Matthew Moynahan, with the change effective immediately. “OneSpan recently implemented significant changes to its operating model and we believe.

OneSpan Inc. Announces Leadership Change

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (Nasdaq: OSPN) (“OneSpan” or the “Company”) today announced the final results of its modified “Dutch auction” tender offer, which expired at 12:00 midnight, at the end of the day, New York City time, on December 11, 2023. Based on the final count by Broadridge Corporate Issuer Solutions, LLC, the depositary for the tender offer, in accordance with the terms and conditions of the tender offer, the Company has accepted for payment a total of 2,380,952 shares.

OneSpan Inc. Announces Final Results of Tender Offer

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (Nasdaq: OSPN) (“OneSpan” or the “Company”) announced today the preliminary results of its modified “Dutch auction” tender offer to purchase up to $20 million of its common stock, par value $0.001 per share (the “common stock” or the “shares”), subject to its right to purchase up to an additional 2% of its outstanding shares of common stock, for cash at a price per share not less than $9.50 and not greater than $11.00. The tender offer expired at 12:00 midn.

OneSpan Inc. Announces Preliminary Results of Tender Offer

BOSTON--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced the launch of a new partner network program that now provides a comprehensive set of benefits that will drive growth and help OneSpan partners deliver seamless and secure customer experiences. Members of the global partner network can expand their security and e-signature portfolio with market-leading solutions, financial incentives, training, and certification, along with technical, sales.

OneSpan Introduces New Partner Network Program to Broaden Delivery of Secure and Seamless Customer Experiences

OneSpan Inc. reported strong 3Q23 financial results with double-digit growth in subscription and annual recurring revenue. The digital signature market is expected to grow at a CAGR of ~35% for the next 7 years, providing a positive outlook for OneSpan's future growth. The company's emphasis on cost savings through workforce reduction has improved its adjusted EBITDA margin and is expected to lead to positive EPS in the future.

OneSpan: Digital Signature Market Poised For Rapid Growth

BOSTON--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today introduced its latest innovation to the Digipass Authenticators product line, with DIGIPASS FX1 BIO. This cutting-edge physical passkey with fingerprint scan empowers organizations to embrace passwordless authentication while providing the utmost security against social engineering and account takeover attacks. This latest addition to the workforce authentication market is designed to safeguard corp.

OneSpan Launches Passwordless, Phishing-Resistant Authentication for a Secure Workforce

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (Nasdaq: OSPN), (“OneSpan” or the “Company”) announced today that it has commenced a modified “Dutch auction” tender offer (the “Tender Offer”) to purchase for cash approximately $20 million of its common stock (the “Common Stock”) at a price per share not less than $9.50 and not greater than $11.00, less any applicable withholding taxes and without interest, using available cash on hand. On November 10, 2023, the closing price of the Common Stock was $9.52.

OneSpan Inc. Commences a Modified “Dutch Auction” Tender Offer to Repurchase approximately $20 Million of its Common Stock

Start Time: 16:30 January 1, 0000 5:10 PM ET OneSpan Inc. (NASDAQ:OSPN ) Q3 2023 Earnings Conference Call November 08, 2023, 16:30 PM ET Company Participants Matt Moynahan - CEO Jorge Martell - CFO Joe Maxa - VP, IR Conference Call Participants Gray Powell - BTIG Anja Soderstrom - Sidoti Operator Good day and thank you for standing by. Welcome to the Q3 2023 OneSpan Earnings Conference Call.

OneSpan Inc. (OSPN) Q3 2023 Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--OneSpan Inc. (Nasdaq: OSPN), the digital agreements security company, today reported financial results for the third quarter ended September 30, 2023. “I am pleased by the operational rigor we demonstrated in the third quarter as we executed on several actions related to our business model change, including the formal creation of two business units, and an increase in cost reduction initiatives which resulted in improved profitability,” stated OneSpan CEO, Matt Moynahan.

OneSpan Reports Third Quarter 2023 Financial Results

BOSTON--(BUSINESS WIRE)--OneSpan™(NASDAQ: OSPN), the digital agreements security company, is proud to announce its sponsorship of the Aspen Cyber Summit taking place on November 15 at the 92nd Street Y in New York City. The Aspen Cyber Summit provides a unique platform for cybersecurity experts, government officials, and industry leaders to engage in meaningful discussions and collaborative efforts in addressing the complex challenges of the digital age. Matthew Moynahan, CEO and President of O.

OneSpan's CEO and President, Matthew Moynahan, to Participate in Aspen Cyber Summit

BOSTON--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced a unique new capability to its market-leading e-signature solution, OneSpan Sign, to give organizations a better way to safeguard the provenance of a document against emerging security threats. The newest addition to OneSpan's portfolio, Trust Vault, helps guarantee the integrity and long-term viability of documents on immutable storage based on blockchain technology, throughout the lifeti.

OneSpan Unveils Quantum-Safe Blockchain Storage to Secure Organizations' Most Valuable Digital Agreements

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced it will release its third quarter 2023 financial results after the market close on Wednesday, November 8, 2023. OneSpan will host a conference call that day at 4:30 p.m. ET to discuss the results. A live webcast of the conference call will be accessible from the OneSpan investor relations website at investors.onespan.com. Shortly after the conclusion of the call, a replay of the webca.

OneSpan to Announce Third Quarter Financial Results on November 8, 2023

OneSpan Inc. provides security, identity verification, and eSignature solutions. Company leadership now prioritizes profitability over growth. Until we see that new focus show up in the firm's financial results, I remain Neutral [Hold] on OneSpan Inc.

OneSpan Changes Focus To Profitability Over Growth

CHICAGO--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced it was named a Leader in the “IDC MarketScape Worldwide eSignature Software 2023 Vendor Assessment.” OneSpan was recognized for its “white-glove service to all customers to ensure their success, making it easy without sacrificing the security necessary for high-assurance interactions.” “As more organizations have adopted these digital workflows – replacing paper-centric processes with dig.

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