OneSpan Inc. (OSPN) Misses Q1 EPS by 11c

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OneSpan Reports Results for First Quarter 2019; Reiterates Full Year 2019 Guidance

May 7, 2019 4:03 PM EDT

First Quarter Financial Results

Total revenue grew 5% year-over-year to $47.6 millionAdjusted EBITDA of $(2.2) million1GAAP loss per share of $0.14Non-GAAP loss per share of $0.071

CHICAGO, May 07, 2019 (GLOBE NEWSWIRE) -- OneSpan Inc. (NASDAQ: OSPN), a global leader in software for trusted identities, e-signatures and secure transactions, today reported financial results for the first quarter ended March 31, 2019.

First quarter revenue met our plan with a robust contribution from hardware... More