OSPN Q2 2024 Earnings — OneSpan Inc. Revenue & Financial Results | Market Cap Arena

OSPNOneSpan Inc.

$411M

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$61M+9.3% YoY

Gross Profit

$40M66.2% margin

Operating Income

$8M12.5% margin

Net Income

$7M10.8% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$22,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$287M

Total Liabilities

$108M

Stockholders' Equity

$179M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$56M	+9.3%
Gross Profit	$40M	$34M	+17.6%
Operating Income	$8M	-$18M	+143.0%
Net Income	$7M	-$18M	+136.9%

Revenue Segments

Hardware products

$20M66%

Maintenance, support and other

$10M34%

Geographic Segments

EMEA

$25M41%

Americas

$21M35%

Asia Pacific

$15M24%