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OneSpan Inc. - $OSPN STOCK NEWS

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

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.

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%
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none
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Rhea-AI Summary
OneSpan Inc. (Nasdaq: OSPN) Announces Commencement of Modified Dutch Auction Tender Offer to Repurchase Common Stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.73%
Tags
buyback
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Rhea-AI Summary
OneSpan Inc. (Nasdaq: OSPN) reported third quarter revenue growth of 3% to $58.8 million, with a 18% increase in subscription revenue. The company also announced a modified 'Dutch auction' tender offer to repurchase approximately $20 million of its common stock. Key financial results include a 10% year-over-year increase in Annual Recurring Revenue (ARR) to $149.8 million, and a Net Retention Rate (NRR) of 108%. The company expects revenue to be in the range of $228 million to $232 million for the full year 2023, with a target of low to mid-single digit revenue growth for the full year 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.46%
Tags
Rhea-AI Summary
OneSpan announces sponsorship of the Aspen Cyber Summit, where cybersecurity experts and industry leaders will discuss challenges of the digital age. OneSpan's CEO, Matthew Moynahan, will lead discussions on cybersecurity, trust, and digital transactions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
conferences
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Rhea-AI Summary
OneSpan (NASDAQ: OSPN) has announced a new capability to its e-signature solution, OneSpan Sign, called Trust Vault. Trust Vault combines digital signatures with blockchain technology to safeguard the provenance of documents against emerging security threats. It provides long-term evidence of the authenticity of valuable agreements and transactions, ensuring their integrity and viability throughout their lifetime. Trust Vault is a decentralized digital storage solution that serves all industries and helps organizations meet compliance, regulatory, and chain of custody requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.63%
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none
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Rhea-AI Summary
OneSpan Inc. to release Q3 2023 financial results on November 8, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
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Rhea-AI Summary
OneSpan named leader in eSignature software market
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.43%
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Rhea-AI Summary
OneSpan Inc. will release its Q2 2023 financial results on August 9, 2023, followed by a conference call to discuss the results. A webcast of the call will be available on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
Rhea-AI Summary
OneSpan named leader in The Aragon Research Globe for Digital Transaction Management, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
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none
OneSpan Inc.

Nasdaq:OSPN

OSPN Rankings

OSPN Stock Data

468.90M
32.35M
6.38%
87.81%
2.75%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States of America
BOSTON

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.