In the latest market close, OneSpan (OSPN) reached $14.46, with a -0.07% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.Shares of the internet security company witnessed a loss of 10.84% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.29% and the S&P 500's gain of 1.47%.The investment community wil ...

OneSpan (OSPN) ended the recent trading session at $15.40, demonstrating a +0.98% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.02%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.04%. The internet security company's stock has dropped by 4.81% in the past month, falling short of the Computer and Technology sector's gain of 4.44% and the S&P 500's gain of 3.77%. The investment community will be closely monitoring the performance o ...

OneSpan (OSPN) ended the recent trading session at $14.68, demonstrating a -0.74% swing from the preceding day's closing price. This change lagged the S&P 500's 0.17% loss on the day. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.04%. Coming into today, shares of the internet security company had lost 3.59% in the past month. In that same time, the Computer and Technology sector gained 1.41%, while the S&P 500 gained 1.25%. The investment community will be closely monitoring the ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

The latest trading session saw OneSpan (OSPN) ending at $16.23, denoting a +0.5% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq increased by 0.04%. Heading into today, shares of the internet security company had gained 3.53% over the past month, outpacing the Computer and Technology sector's gain of 0.73% and the S&P 500's gain of 1.95% in that time. Inve ...

Costs controlled: The most interesting factor behind OneSpan's recent performance has been the impressive cost cuts the company has materialized. OpEx was 35% lower in 1H24, and gross margins were 500 basis points higher. The workforce has been reduced by close to half. In this respect, 2Q24 maintained a quarterly OpEx trend of around $30/31 million, which is very salutary. Although OpEx may raise in 2H24 (potentially for bonuses and higher D&A), the company is in line to post $75 million in annualized savi ...

OneSpan Inc. (NASDAQ:OSPN) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Joe Maxa - Vice President of Investor Relations Victor Limongelli - President & Chief Executive Officer Jorge Martell - Chief Financial Officer Conference Call Participants Gray Powell - BTIG Rudy Kessinger - D.A. Davidson Anja Soderstrom - Sidoti Operator Good day and thank you for standing by. Welcome to the Q2 2024 OneSpan Earnings Conference Call. At this time, all participants are in a listen-only ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-Q _____________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO Commission file number 000-24389 _____________________ ...

Exhibit 99.1 OneSpan Reports Second Quarter 2024 Financial Results Second Quarter Financial Results • Second quarter revenue grew 9% year-over-year to $60.9 million • Second quarter subscription revenue grew 29% year-over-year to $29.6 million • Annual Recurring Revenue (ARR) increased 15% year-over-year to $165.3 million 1 2 • Net Retention Rate (NRR) of 112% BOSTON, August 1, 2024 – OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today reported financial results for the second quarte ...

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for OneSpan. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that conside ...