OSPN Q1 2023 Earnings — OneSpan Inc. Revenue & Financial Results | Market Cap Arena

OSPNOneSpan Inc.

$411M

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$58M+9.8% YoY

Gross Profit

$39M68.2% margin

Operating Income

-$8M-14.1% margin

Net Income

-$8M-14.5% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$10M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$317M

Total Liabilities

$118M

Stockholders' Equity

$199M

Cash & Equivalents

$107M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$52M	+9.8%
Gross Profit	$39M	$37M	+7.1%
Operating Income	-$8M	-$9M	+12.0%
Net Income	-$8M	$5M	-260.3%

Revenue Segments

Product and license

$33M58%

Services and other

$24M42%

Geographic Segments

EMEA

$28M48%

Americas

$20M36%

Asia Pacific

$9M16%