Onespan (OSPN) Stock News

OneSpan (NASDAQ: OSPN) has acquired Nok Nok Labs, a leading FIDO passwordless software authentication provider, strengthening its position in secure authentication solutions. The acquisition combines OneSpan's FIDO2 security keys with Nok Nok's expertise, creating a comprehensive authentication portfolio that includes Digipass, FIDO2 protocols, and Cronto solutions. Nok Nok, a founding member of the FIDO Alliance, brings strong authentication capabilities and a global customer base across the US, Asia, and Europe. The merger aims to advance passwordless authentication standards and provide customers with flexible authentication options, whether on-premises or cloud-based. OneSpan CEO Victor Limongelli emphasized this as a strategic move toward offering customers maximum authentication choice, while Nok Nok's CEO Phillip Dunkelberger expressed excitement about expanding their technology's reach through OneSpan's global presence.

OneSpan (NASDAQ: OSPN), a digital banking security and eSignature solutions provider, has announced its management team's participation in four upcoming investor conferences in May and June 2025:

• 20th Annual Needham Technology, Media & Consumer Conference - Virtual meetings on May 12, 2025
• 25th Annual B. Riley Securities Investor Conference - In-person meetings in Marina del Rey on May 22, 2025
• D.A. Davidson Technology & Consumer Conference - In-person meetings in Nashville on June 10, 2025
• Sidoti Small Cap Conference - Virtual meetings on June 12, 2025

OneSpan (NASDAQ: OSPN) reported its Q1 2025 financial results, showing mixed performance. The company achieved record operating income of $17.2M, up 22% year-over-year, while total revenue slightly decreased by 2% to $63.4M. Subscription revenue grew 9% to $43.6M, with Annual Recurring Revenue (ARR) also increasing 9% to $168.4M. The company maintained a healthy Net Retention Rate of 107%. Notable metrics include gross profit of $47.1M (74% margin) and net income of $14.5M ($0.37 per diluted share). OneSpan's Board declared a quarterly dividend of $0.12 per share, payable on June 6, 2025. For FY2025, the company projects revenue between $245-251M, ARR of $180-186M, and Adjusted EBITDA of $72-76M.

OneSpan (NASDAQ: OSPN), a digital banking security and eSignature solutions provider, has scheduled its first quarter 2025 financial results announcement for Thursday, May 1, 2025, after market close. The company will host a conference call at 4:30 p.m. ET on the same day to discuss the results.

Investors can access the live webcast through OneSpan's investor relations website at investors.onespan.com. A replay will be available shortly after the call concludes. Phone participants are encouraged to register in advance and join at least 15 minutes before the call begins.

OneSpan (NASDAQ: OSPN) reported its Q4 and full-year 2024 financial results, showing significant improvements in profitability despite mixed revenue performance. Q4 operating income rose to $11.8M from $1.8M year-over-year, while full-year operating income reached $44.8M compared to a $28.9M loss in 2023.

Q4 revenue decreased 3% to $61.2M, but subscription revenue grew 32% to $36.1M. Full-year revenue increased 3% to $243.2M, with subscription revenue up 31% to $139.4M. The company achieved an 8% growth in Annual Recurring Revenue (ARR) to $167.7M and maintained a Net Retention Rate of 106%.

For 2025, OneSpan projects revenue between $245-251M, ARR of $180-186M, and Adjusted EBITDA of $72-76M. The company also initiated a quarterly dividend program, with an initial payment of $0.12 per share made in February 2025.

OneSpan (NASDAQ: OSPN), a digital banking security and eSignature solutions provider, has scheduled its fourth quarter and fiscal year 2024 financial results announcement for February 27, 2025, after market close. The company will host a conference call at 4:30 p.m. ET on the same day to discuss the results.

A live webcast will be available on OneSpan's investor relations website at investors.onespan.com, with a replay accessible shortly after the call. Phone participants are advised to register in advance and join at least 15 minutes before the call start time.

OneSpan Inc. (NASDAQ: OSPN), a digital banking security and eSignature solutions provider, has announced its upcoming participation in the 27th Annual Needham Growth Conference. The event is scheduled for January 14-17, 2025. The company's management team will conduct in-person meetings in New York on January 15 and virtual investor meetings on January 17.

OneSpan (NASDAQ: OSPN) has appointed Ashish Jain as Chief Technology Officer (CTO). Jain, recognized as a top digital identity expert, will lead OneSpan's global engineering organization and execute the company's innovation strategy. He brings over 20 years of experience, most recently serving as Chief Product Officer at Arkose Labs. Previously, he led eBay's identity engineering team, supporting 180+ million customers, and served as Vice President of Workspace ONE at VMware. Jain was recently named to Okta Ventures' inaugural 'The Identity 25' list for his contributions to identity security. He holds a Bachelor of Engineering from BITS, Pilani, and an MBA from the University of Denver.

OneSpan (NASDAQ: OSPN) announced the initiation of a quarterly cash dividend program. The initial dividend of $0.12 per share will be paid on February 14, 2025 to shareholders of record as of the close of business on January 31, 2025. The Board's approval reflects a commitment to returning capital to shareholders as part of a balanced capital allocation strategy. This decision underscores OneSpan's confidence in its growth potential and future cash generation capabilities. The company will consider additional capital allocation options, including share repurchases, special dividends, increases to the quarterly dividend, organic business investments, and targeted M&A. Future dividends are subject to the Board's discretion.