OneSpan Q3 2023 Adj EPS $0.09 Beats $(0.04) Estimate, Sales $58.84M Beat $56.02M Estimate
Portfolio Pulse from saritha@benzinga.com
OneSpan (NASDAQ:OSPN) reported Q3 2023 earnings of $0.09 per share, beating the analyst consensus estimate of $(0.04) by 325 percent. This is a 200 percent increase from the same period last year. The company also reported quarterly sales of $58.84 million, beating the analyst consensus estimate of $56.02 million by 5.03 percent, a 2.96 percent increase from the same period last year.
November 08, 2023 | 9:29 pm
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POSITIVE IMPACT
OneSpan's Q3 2023 earnings and sales beat estimates, with a significant increase from the same period last year. This could potentially lead to a positive impact on the company's stock.
OneSpan's earnings and sales for Q3 2023 have significantly exceeded analyst estimates, with a substantial increase from the same period last year. This positive financial performance could increase investor confidence and demand for the stock, potentially leading to a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100