OneSpan Inc. (OSPN) Tops Q3 EPS by 13c

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OneSpan Reports Third Quarter 2022 Financial Results

November 1, 2022 4:01 PM EDT

Total revenue grew 9% year-over-year to $57.1 million; Total subscription revenue grew 25% to $22.3 million Annual Recurring Revenue (ARR) grew 14% to $135.8 million1 Dollar-based net expansion (DBNE) rate of 109%2

CHICAGO--(BUSINESS WIRE)-- OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today reported financial results for the third quarter ended September 30, 2022.

We continue to build strong momentum in the business, which is reflected in solid bookings, revenue and adjusted EBITDA results, despite FX headwinds, stated OneSpan CEO, Matt Moynahan. Protecting... More