OSPN Q1 2024 Earnings — OneSpan Inc. Revenue & Financial Results | Market Cap Arena

OSPNOneSpan Inc.

$411M

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$65M+12.6% YoY

Gross Profit

$47M73.1% margin

Operating Income

$14M21.8% margin

Net Income

$13M20.8% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$24M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$277M

Total Liabilities

$106M

Stockholders' Equity

$171M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$58M	+12.6%
Gross Profit	$47M	$39M	+20.6%
Operating Income	$14M	-$8M	+273.6%
Net Income	$13M	-$8M	+261.2%

Revenue Segments

Hardware products

$13M54%

Maintenance, support and other

$11M46%

Geographic Segments

EMEA

$32M49%

Americas

$21M33%

Asia Pacific

$12M18%