Recap: OneSpan Q1 Earnings

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OneSpan OSPN reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

OneSpan beat estimated earnings by 80.0%, reporting an EPS of $-0.01 versus an estimate of $-0.05.

Revenue was up $1.67 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.16 which was followed by a 16.78% drop in the share price the next day.

Here's a look at OneSpan's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.08 -0.17 -0.04 -0.08
EPS Actual -0.24 0.03 -0.04 -0.16
Revenue Estimate 55.55M 51.37M 52.29M 49.09M
Revenue Actual 59.15M 52.28M 52.28M 50.77M

To track all earnings releases for OneSpan visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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