OSPN Q3 2023 Earnings — OneSpan Inc. Revenue & Financial Results | Market Cap Arena

OSPNOneSpan Inc.

$411M

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$59M+3.0% YoY

Gross Profit

$41M69.1% margin

Operating Income

-$5M-8.1% margin

Net Income

-$4M-7.0% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$283M

Total Liabilities

$105M

Stockholders' Equity

$177M

Cash & Equivalents

$68M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$57M	+3.0%
Gross Profit	$41M	$38M	+5.8%
Operating Income	-$5M	-$6M	+14.8%
Net Income	-$4M	-$7M	+42.6%

Revenue Segments

Hardware products

$19M61%

Maintenance, support and other

$12M39%

Geographic Segments

EMEA

$26M45%

Americas

$20M34%

Asia Pacific

$13M21%