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OneSpan Inc - OSPN STOCK NEWS

Welcome to our dedicated news page for OneSpan (Ticker: OSPN), a resource for investors and traders seeking the latest updates and insights on OneSpan.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OneSpan's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OneSpan's position in the market.

News
OneSpan to Announce First Quarter Financial Results on May 2, 2024
Rhea-AI Summary
OneSpan Inc. (OSPN) will release its Q1 2024 financial results on May 2, 2024, followed by a conference call. The webcast will be available on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
earnings
-
News
OneSpan Reports Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
OneSpan Inc. (NASDAQ: OSPN) reported strong financial results for Q4 2023 and full year 2023, with revenue growth, improved margins, and positive net income. The company achieved 11% revenue growth in Q4, reaching $62.9 million, and 7% full-year revenue growth to $235.1 million. Subscription revenue also saw significant growth. OneSpan's ARR grew by 11% to $154.6 million, with a Net Retention Rate of 110%. The company's focus on operational efficiency resulted in a 3% GAAP operating margin and 18% adjusted EBITDA margin in Q4. OneSpan anticipates revenue in the range of $238 million to $246 million for FY 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.07%
Tags
earnings
-
News
OneSpan to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 6, 2024
Rhea-AI Summary
OneSpan Inc. (NASDAQ: OSPN) to release Q4 and fiscal year 2023 financial results on March 6, 2024. Conference call and webcast to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
earnings
News
OneSpan Announces Participation in 26th Annual Needham Growth Conference
Rhea-AI Summary
OneSpan Inc. (NASDAQ: OSPN) to participate in the 26th Annual Needham Growth Conference, with CEO Victor Limongelli hosting in-person and virtual investor meetings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
none
-
News
OneSpan Inc. Announces Leadership Change
Rhea-AI Summary
OneSpan Inc. (Nasdaq: OSPN) announced a leadership change to strengthen its strategic plan and accelerate the pace of execution of the Company’s ongoing transformation. Victor Limongelli, a seasoned software CEO, has been named Interim Chief Executive Officer, replacing Matthew Moynahan. The change is effective immediately. The Board of Directors believes this is the right time for a leadership transition. Victor has a strong track record of improved operational performance at software companies. OneSpan aims to optimize across the organization and deliver better value for customers, improved opportunities for employees, and enhanced value creation for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
management
-
News
OneSpan Inc. Announces Final Results of Tender Offer
Rhea-AI Summary
OneSpan Inc. (Nasdaq: OSPN) announced the results of its modified 'Dutch auction' tender offer, accepting 2,380,952 shares of common stock at a final purchase price of $10.50 per share, totaling approximately $25.0 million. The final proration factor for the tender offer is approximately 74%, representing about 6% of the Company’s outstanding common stock as of November 9, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.95%
Tags
none
News
OneSpan Inc. Announces Preliminary Results of Tender Offer
Rhea-AI Summary
OneSpan Inc. (Nasdaq: OSPN) announced preliminary results of a modified 'Dutch auction' tender offer to purchase up to $20 million of its common stock. A total of 3,155,307 shares were properly tendered, and the company expects to acquire 2,380,841 shares at a price of $10.50 per share, representing approximately 6% of the Company’s shares outstanding. The tender offer was announced on November 13, 2023, with a price range of $9.50 to $11.00.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.1%
Tags
none
-
News
OneSpan Introduces New Partner Network Program to Broaden Delivery of Secure and Seamless Customer Experiences
Rhea-AI Summary
OneSpan (NASDAQ: OSPN) launches new partner network program to expand portfolio with high-assurance identity proofing, authentication, and e-signature solutions, offering financial incentives, training, and certification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
none
-
News
OneSpan Announces Participation in Upcoming Investor Conferences
Rhea-AI Summary
OneSpan Inc. (NASDAQ: OSPN) to participate in upcoming virtual investor conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
conferences
News
OneSpan Launches Passwordless, Phishing-Resistant Authentication for a Secure Workforce
Rhea-AI Summary
OneSpan (NASDAQ: OSPN) introduces DIGIPASS FX1 BIO, a cutting-edge physical passkey with fingerprint scan, providing passwordless authentication and robust security for remote workforces. The product addresses the rising data breaches and the need for user-friendly workforce authentication. According to Gartner, by 2025, over 50% of the workforce and 20% of customer authentication transactions will be passwordless. DIGIPASS FX1 BIO offers unparalleled security, simplified user experience, protection against social engineering attacks, increased efficiency, future readiness, and compliance assistance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.22%
Tags
none
Stock OSPN logo
OneSpan Inc

Nasdaq:OSPN

OSPN Rankings

#3121 Ranked by Market Cap
#3849 Ranked by Stock Gains
N/A Ranked by Dividends

OSPN Stock Data

378.65M
32.35M
6.38%
87.81%
2.75%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
US
Chicago

About OSPN

onespan enables financial institutions and other organizations to succeed by making bold advances in their digital transformation. we do this by establishing trust in people’s identities, the devices they use, and the transactions that shape their lives. we believe that this is the foundation of enhanced business enablement and growth. more than 10,000 customers, including over half of the top 100 global banks, rely on onespan solutions to protect their most important relationships and business processes. from digital onboarding to fraud mitigation to workflow management, onespan’s unified, open platform reduces costs, accelerates customer acquisition, and increases customer satisfaction.