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.
OneSpan Inc. (NASDAQ: OSPN) is a provider of secure authentication, identity, electronic signature, and digital workflow solutions, and its news flow reflects this focus on digital transaction security. Company announcements frequently cover financial results, strategic technology investments, and initiatives aimed at strengthening security for banks and other enterprises that rely on digital channels.
Investors following OSPN news can expect regular earnings releases and conference call announcements, where OneSpan discusses its revenue mix across product and license, services and other, as well as subscription revenue and Annual Recurring Revenue (ARR). These updates often highlight the performance of its Security Solutions and Digital Agreements businesses and provide context on profitability and recurring revenue trends.
OneSpan’s news also features strategic transactions and partnerships. The company has reported the acquisition of Nok Nok Labs Inc. to broaden its FIDO passwordless authentication capabilities, a strategic investment in ThreatFabric to expand fraud prevention and mobile threat intelligence, and a definitive agreement to acquire Build38 to advance SDK-based mobile application protection and Runtime Application Self-Protection (RASP). Such announcements illustrate how OneSpan is adding technologies in areas like mobile app security, AI-enhanced defenses, and fraud detection.
In addition, OneSpan issues news about customer deployments and industry collaborations, such as cloud-based FIDO authentication solutions for mobile banking and joint projects with partners in financial services. For those tracking developments in authentication, digital agreements, and digital banking security, the OSPN news page provides a centralized view of OneSpan’s reported financial performance, product-related initiatives, and key partnerships.
OneSpan Inc. (NASDAQ: OSPN) is set to detail its strategic growth plan during its Investor Day today at 9:00 a.m. ET. CEO Matt Moynahan and the executive team will present three-year financial targets and growth plans. The company reaffirms its 2022 revenue guidance, expecting to meet or exceed 2021 levels, and plans increased investments in H2 2022 to boost revenue growth starting in 2023. Adjusted EBITDA is projected between $(5) million to $(7) million, with anticipated ARR growth of 16% to 18% for 2022.
OneSpan (NASDAQ: OSPN) has announced its participation in several investor conferences during Q2 2022, following its Investor Day on May 17, 2022. Key events include the Needham Technology & Media Conference on May 19, the Craig-Hallum Institutional Investor Conference on June 1, and the Cowen Technology, Media & Telecom Conference on June 2. OneSpan's Investor Day will offer insights into its strategic transformation and growth strategy, with webcasting available for broader access. The event focuses on enhancing identity verification and reducing digital fraud.
OneSpan Inc. (NASDAQ: OSPN) reported its first quarter 2022 financial results, with total revenue rising 3% year-over-year to $52.4 million. Recurring revenue saw a significant increase of 22% to $35.2 million, while Annual Recurring Revenue (ARR) grew 21% to $130.7 million. The company achieved GAAP net income of $5.2 million, equating to $0.13 per diluted share. Adjusted EBITDA improved to $0.2 million, a notable recovery from a loss in the previous year. Management anticipates revenue for 2022 will meet or exceed last year's figures, with further details expected at the Investor Day on May 17.
OneSpan Inc. (NASDAQ: OSPN), a leader in digital identity verification, will release its Q1 2022 financial results on May 3, 2022, after market close. A conference call will follow at 4:30 p.m. ET to discuss these results. Investors can access the call via the company's Investor Relations website. OneSpan aims to combat digital fraud by improving identity verification and e-signature processes, assisting over half of the world's top 100 banks and numerous institutions globally.
OneSpan Inc. (NASDAQ: OSPN) announced an Investor Day on May 17, 2022, to be held in New York City from 9:00 a.m. to 12:00 p.m. EDT. Senior management will discuss the company's strategic transformation, growth strategy, and business outlook. The event will be webcast live on the company's investor relations website, with a replay available afterward. In-person attendance requires an invitation and prior registration. OneSpan focuses on digital identity verification and e-signatures, helping to reduce digital fraud for financial institutions worldwide.
OneSpan (NASDAQ: OSPN) has appointed Eric Hanson as the new Chief Marketing Officer, bringing over 30 years of experience in marketing, sales, and product development. Previously CMO at Fuze, Hanson was instrumental in realigning strategies to enhance market opportunities. His background includes co-founding and leading SPY Visual Effects, where he drove significant growth through notable campaigns. President and CEO Matthew Moynahan expressed confidence in Hanson's ability to evolve OneSpan's brand and strengthen its market position.
OneSpan Inc. (NASDAQ: OSPN) reported its Q4 2021 financial results, showing a 12% increase in revenue year-over-year to $59.2 million. Recurring revenue also saw a 4% growth to $31.6 million. However, the annual performance showed a 1% revenue decline to $214.5 million. The company reported a Q4 net loss of $13.8 million, compared to a $1.8 million loss in Q4 2020. Despite challenges, the company anticipates revenue for 2022 to meet or exceed 2021 levels and aims for adjusted EBITDA to be break-even or better.
OneSpan Inc. (NASDAQ: OSPN) will release its fourth quarter and fiscal year 2021 financial results on February 22, 2022, after market close. The conference call for discussing these results is scheduled for the same day at 4:30 p.m. ET, with a live webcast available on the OneSpan Investor Relations website. Investors are encouraged to access the call early, using designated dial-in numbers. OneSpan specializes in digital identity verification solutions, helping to reduce digital fraud for numerous global financial institutions.
OneSpan Inc. has appointed Tom Aurelio as Chief People Officer, effective immediately. With over 30 years of experience in leadership roles at Symantec, Priceline.com, and Criteo, Aurelio aims to enhance talent management and drive growth for OneSpan. CEO Matthew Moynahan emphasized the importance of talent in the company's growth strategy. Aurelio's prior achievements include scaling HR functions to support rapid company growth, which is critical for OneSpan's ongoing journey in digital identity verification and e-signatures.
OneSpan has released its second annual Global Financial Regulations Report, highlighting the impacts of forthcoming regulations on digital currencies and the security of digital economies. According to the report, 48% of financial institutions report that regulatory compliance has hindered digital transformation. Notably, 84% of banking leaders are preparing for Central Bank Digital Currency initiatives, while top compliance challenges include cyber-attack prevention (53%) and safeguarding sensitive data (47%). The report covers major regulatory developments across 54 jurisdictions.