OneSpan Q4 2023 Adj EPS $0.190 Beats $0.030 Estimate, Sales $62.900M Beat $58.261M Estimate
Portfolio Pulse from Benzinga Newsdesk
OneSpan (NASDAQ:OSPN) reported Q4 2023 adjusted EPS of $0.190, surpassing the $0.030 estimate, with sales of $62.900M exceeding the $58.261M forecast. This represents an 11.09% increase in sales compared to the same period last year.
March 06, 2024 | 9:04 pm
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POSITIVE IMPACT
OneSpan reported a significant beat on both EPS and sales estimates for Q4 2023, with an 11.09% increase in sales year-over-year.
The substantial beat on both earnings per share and sales estimates, coupled with a notable year-over-year sales growth, is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100