OneSpan (OSPN) Set to Announce Earnings on Thursday

OneSpan (NASDAQ:OSPN - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.21 per share for the quarter. OneSpan has set its FY 2024 guidance at EPS.Investors that wish to register for the company's conference call can do so using this link.

OneSpan (NASDAQ:OSPN - Get Free Report) last announced its earnings results on Wednesday, March 6th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.17. The company had revenue of $62.93 million during the quarter. OneSpan had a negative net margin of 12.68% and a negative return on equity of 6.43%. On average, analysts expect OneSpan to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OneSpan Stock Down 0.4 %

OneSpan stock traded down $0.04 during mid-day trading on Thursday, reaching $10.95. 208,027 shares of the company's stock were exchanged, compared to its average volume of 382,019. The business's fifty day simple moving average is $10.46 and its 200 day simple moving average is $10.13. The firm has a market capitalization of $413.80 million, a PE ratio of -14.54 and a beta of 0.80. OneSpan has a one year low of $7.64 and a one year high of $17.20.


Analyst Upgrades and Downgrades

OSPN has been the subject of several recent research reports. StockNews.com raised OneSpan from a "hold" rating to a "buy" rating in a report on Wednesday, April 10th. Sidoti lowered OneSpan from a "buy" rating to a "neutral" rating and set a $12.00 price target for the company. in a report on Tuesday, April 2nd.

Check Out Our Latest Stock Analysis on OneSpan

Insider Buying and Selling

In other news, Director Michael J. Mcconnell purchased 5,000 shares of the firm's stock in a transaction dated Friday, March 15th. The shares were purchased at an average price of $9.83 per share, with a total value of $49,150.00. Following the completion of the acquisition, the director now owns 73,849 shares in the company, valued at approximately $725,935.67. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.78% of the stock is currently owned by insiders.

About OneSpan

(Get Free Report)

OneSpan Inc, together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services.

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Earnings History for OneSpan (NASDAQ:OSPN)

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