OSPN Earnings Prediction
The chart below shows how OSPN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OSPN sees a +1.22% change in stock price 10 days leading up to the earnings, and a +16.53% change 10 days following the report. On the earnings day itself, the stock moves by -0.98%. This data can give you a slight idea of what to expect for the next quarter's release.
OSPN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
56.24M
-4.41%
-7.68%
Gross Margin
72.83%
6.90%
11.60%
Operating Margin
21.25%
622.79%
38.53%
Net Margin
14.71%
309.54%
36.71%
EPS
0.21
310.00%
23.53%
No Data Available
OSPN Earnings Analysis
OneSpan Inc. Common Stock Corporation (OSPN.O) Earnings Conference Call
Positive
Adjusted EBITDA Performance: Adjusted EBITDA was $17 million or 30% of revenue, with both business units being profitable.
Digital Agreements Profitability: Digital Agreements segment was profitable for the first time on a fully burdened basis, including corporate allocations, and the Security segment continued to be highly profitable.
Subscription Revenue Increase: Subscription revenue grew 29% and accounted for 60% of total revenue.
Software and Services Revenue Growth: Total software and services revenue grew 10% and accounted for 78% of revenue.
ARR Growth Performance: ARR grew 9%, in line with the approximate 7% to 10% guidance range implied by the full year ARR guidance of $166 million to $170 million.
Negative
Revenue Decline Analysis: Overall, revenue declined 4%, primarily due to the anticipated decline in hardware that we discussed on last quarter's call.
Q3 Revenue Decline: Third quarter revenue was $56.2 million, 4% lower than last year's Q3, primarily due to the expected decrease in hardware revenue.
Security Revenue Decline: Security revenue declined 11% to $40.8 million, primarily due to the expected decrease in hardware revenues we discussed previously.
Hardware Revenue Decline: Hardware revenues declined 36% year-over-year to $12.1 million.
Operating Income Improvement: Third quarter GAAP operating income was $11.3 million compared to an operating loss of $4.8 million in the third quarter of last year.
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OSPN Earning Call Sentiment
OneSpan Inc. (OSPN) Q3 2024 Earnings Call Transcript
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OSPN.O
-4.05%Positive
The earnings call presents strong financial metrics, with significant improvements in adjusted EBITDA, net income, and cash generation. Despite a decline in total revenue, subscription revenue shows robust growth. The Q&A section reveals potential future revenue impacts from partnerships, but no immediate negative sentiment. The company's increased guidance for revenue, ARR, and EBITDA further supports a positive outlook. Although management did not provide specific future guidance, the overall sentiment remains optimistic due to strong current performance and improved financial health, indicating a likely stock price increase of 2% to 8%.
