OneSpan (NASDAQ:OSPN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
OneSpan missed estimated earnings by 80.0%, reporting an EPS of $-0.09 versus an estimate of $-0.05.
Revenue was up $5.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 22.41% increase in the share price the next day.
Here's a look at OneSpan's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.10 | -0.09 | -0.05 |
| EPS Actual | 0.03 | 0.03 | -0.10 | -0.01 |
| Revenue Estimate | 53.19M | 52.63M | 51.15M | 51.99M |
| Revenue Actual | 56.62M | 57.15M | 52.79M | 52.45M |
To track all earnings releases for OneSpan visit their earnings calendar here.
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