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.

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in digital banking security and e-signatures, announced today that the Company's Board of Directors has appointed Matthew Moynahan as President and Chief Executive Officer effective November 29, 2021. Mr. Moynahan most recently served as CEO at Forcepoint, a subsidiary of Raytheon Technologies, for nearly five years where he transformed the company's offerings from predominantly on-premises to a cloud-consumption model and d

OneSpan Appoints Accomplished Cyber Security and Cloud Services Veteran Matthew Moynahan as Chief Executive Officer

OneSpan Inc. (OSPN) CEO Steven Worth on Q3 2021 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today reported financial results for the third quarter and nine months ended September 30, 2021. “During the quarter we continued to deliver against strong demand for our core offerings with robust growth in e-signature subscription and mobile security term license revenue while we worked to mitigate hardware-related supply chain challenges,” stated OneSpan Interim CEO, Steven

OneSpan Reports Results for Third Quarter 2021 and First Nine Months of 2021; Increases Guidance Midpoints for Full Year 2021

OneSpan (OSPN) is a leading cybersecurity enterprise trusted by 60% of the world's top 100 banks but is currently in that awkward transformation phase to the cloud, catalyzing adverse price action that spells opportunity.

Every Cloud Transformation Has A Silver Lining: An Overlooked Tech Play

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today announced it will release its second quarter 2021 financial results after market close Tuesday, November 2, 2021. On November 2, 2021 at 4:30 p.m. ET, OneSpan will host a conference call to discuss its third quarter 2021 financial results. A live webcast of the conference call will be available via the OneSpan Investor Relations website at: investors.onespan.com. Shortly

OneSpan to Announce Third Quarter Financial Results on November 2, 2021

CHICAGO--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today announced that its OneSpan Mobile Security Suite (MSS) has been named “Overall Mobile Security Solution of the Year” for the second consecutive year from CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today. According to recent research fr

OneSpan Wins CyberSecurity Breakthrough Award for Mobile Security Innovation for Second Consecutive Year

BankID will lean on the cloud authentication and anti-fraud offerings from digital banking platform OneSpan to “improve the customer experience and help secure one of the most widely used applications in Norway,” according to an announcement on Wednesday (Sept. 8). BankID, a personal electronic ID in a mobile app that's backed by both Norway's government […]

BankID and OneSpan Partner on Digital Banking Security

CHICAGO & OSLO, Norway--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the global leader in digital banking transaction security and e-signatures, today announced that BankID has implemented cloud authentication and anti-fraud solutions from OneSpan to improve the customer experience and help secure one of the most widely used applications in Norway. BankID is a personal electronic ID in a mobile app backed by both Norway's government and all Norwegian banks, used to secure citizen identities and co

OneSpan Helps Protect Four Million Norwegians from Financial Fraud with Cloud Authentication and Mobile Security

CHICAGO--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today announced that it has been named an Overall Leader in the KuppingerCole report Leadership Compass for Fraud Reduction Intelligence Platforms. The report ranks OneSpan alongside IBM, Experian and Transmit Security, and compliments OneSpan's remote identity proofing technology and innovation in collecting and analyzing large amounts of data to reduce fraud. In addition to being

Europe's Leading Information Security Analyst Firm Recognizes OneSpan as an Overall Leader for Fraud Reduction Technologies

OneSpan's (OSPN) CEO Steven Worth on Q2 2021 Results - Earnings Call Transcript

OneSpan (OSPN) delivered earnings and revenue surprises of 0.00% and 0.34%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

OneSpan (OSPN) Reports Q2 Loss, Tops Revenue Estimates

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today reported financial results for the second quarter and six months ended June 30, 2021. In a separate press release today, the Company announced several leadership changes designed to accelerate its strategic evolution. Steven Worth, who previously served as Interim Chief Financial Officer, General Counsel and Chief Compliance Officer, has been named Interim Chief Executive Offi

OneSpan Reports Results for Second Quarter 2021 and First Six Months of 2021

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in mobile banking security and e-signatures, today announced a series of leadership changes designed to strengthen its strategic growth plans and accelerate the pace of execution of the Company's ongoing transformation. Steven Worth, who previously served as Interim Chief Financial Officer and Treasurer, and who will continue to serve as General Counsel, Chief Compliance Officer and Corporate Secretary, has been named Inte

OneSpan Announces Leadership Changes Designed to Accelerate Strategic Evolution

OneSpan (OSPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: OneSpan (OSPN) Q2 Earnings Expected to Decline

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced it will release its second quarter 2021 financial results after market close Wednesday, August 4, 2021. On August 4, 2021 at 4:30 p.m. ET, OneSpan will host a conference call to discuss its second quarter 2021 financial results. A live webcast of the conference call will be available via the OneSpan Investor Relations website at: investors.onespan.com. Shortly after

OneSpan to Announce Second Quarter Financial Results on August 4, 2021

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that it has entered into an agreement with Legion Partners Holdings, LLC (together with its affiliates, “Legion”), which owns approximately 6.9% of the outstanding stock of OneSpan, pursuant to which two of Legion's independent director nominees, Sarika Garg and Michael McConnell, will be appointed to the OneSpan Board of Directors following the 2021 Annual Meeting o

OneSpan Reaches Agreement with Legion Partners

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, which, together with the other participants in its solicitation (collectively, “Legion Partners” or “Legion”), beneficially owns 2,790,121 shares of common stock of OneSpan Inc. (“OneSpan” or the “Company”) (Nasdaq: OSPN), representing approximately 6.9% of the outstanding stock, today issued a letter to stockholders in connection with its nomination of four highly qualified independent director candidates for election to OneS

Legion Partners Issues Letter to OneSpan Stockholders

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today issued a letter to its stockholders outlining the strength of its highly qualified Board of Directors in contrast to the directors put forth by Legion Partners Holdings, LLC (and its affiliates). The Company's proxy statement and other important information relating to the annual meeting of stockholders scheduled to be held on June 9, 2021 can be found at OneSpanValue.com. The

OneSpan Outlines Strength of Highly Qualified Board of Directors in Letter to Stockholders

CHICAGO & BRUSSELS--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Belfius Bank has integrated OneSpan Mobile Security Suite (MSS) into its mobile app to help protect its customers from the growing impact of cybercrime. OneSpan's technology provides biometric authentication, risk analysis and other app security best practices behind the scenes to improve the experience of the bank's 1.5 million mobile users. Customer sat

Top Belgian Bank Mitigates Mobile Banking Fraud with OneSpan Mobile Security

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today shared a detailed investor presentation that highlights the progress the Company has made transitioning from a hardware-centric technology company to a recurring revenue, software-based trusted identity solutions business under the oversight of its engaged Board of Directors. The presentation also addresses the ever-changing and misguided rationale for the campaign being carri

OneSpan Details Progress on Ongoing Transformation and Highlights Strength of Refreshed Board of Directors in New Investor Presentation

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, which, together with its affiliates (collectively, “Legion Partners” or “Legion”), beneficially owns 2,790,121 shares of common stock of OneSpan Inc. (“OneSpan” or the “Company”) (Nasdaq: OSPN), representing approximately 6.9% of the outstanding stock, today issued a presentation highlighting the need for new independent directors on OneSpan's Board of Directors (the “Board”). Legion Partners has nominated four highly-qualifie

Legion Partners Issues Presentation Highlighting the Immediate Need for New Independent and Qualified Directors at OneSpan

CHICAGO--(BUSINESS WIRE)--OneSpan (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Scott Clements, CEO, and Joe Maxa, Vice President of Investor Relations, will participate in the 16th Annual Needham Virtual Technology & Media Conference, taking place May 17-20, 2021. OneSpan is scheduled to present on Wednesday, May 19 at 1:30 p.m. ET. Management will also be available for one on one meetings. A link for the live webcast, as well as a replay o

OneSpan Announces Participation in 16th Annual Needham Virtual Technology & Media Conference

CHICAGO & ATHENS, Greece--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Generali Hellas has implemented OneSpan Sign electronic signatures to meet regulatory compliance requirements and help speed up its end-to-end signing process for life insurance policies. Generali is the first insurance company in Greece to enable a completely digital account opening process for the convenience of its customers and its network of mo

Generali Greece Accelerates Life Insurance Signing Process with OneSpan Sign

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today issued a letter to its stockholders describing its engagement with Legion Partners Holdings, LLC (and its affiliates) and detailing the progress made executing the Company's strategic plan and positioning the Company for continued success. The Company's proxy statement and other important information relating to the annual meeting of stockholders scheduled to be held on June 9

OneSpan Outlines Record of Engagement and Transformational Progress in Letter to Stockholders

OneSpan Inc. (OSPN) CEO Scott Clements on Q1 2021 Results - Earnings Call Transcript

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