OSPN Q2 2023 Earnings — OneSpan Inc. Revenue & Financial Results | Market Cap Arena

OSPNOneSpan Inc.

$411M

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$56M+5.6% YoY

Gross Profit

$34M61.5% margin

Operating Income

-$18M-31.9% margin

Net Income

-$18M-31.9% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$23M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$299M

Total Liabilities

$112M

Stockholders' Equity

$187M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$56M	$53M	+5.6%
Gross Profit	$34M	$36M	-3.4%
Operating Income	-$18M	-$8M	-115.6%
Net Income	-$18M	-$9M	-89.9%

Revenue Segments

Product and license

$31M55%

Services and other

$25M45%

Geographic Segments

EMEA

$27M48%

Americas

$18M33%

Asia Pacific

$11M19%