Recap: OneSpan Q4 Earnings
Portfolio Pulse from Benzinga Insights
OneSpan (NASDAQ:OSPN) reported Q4 earnings with an EPS of $0.19, surpassing the estimate of $0.03 by 533.0%. Revenue increased by $6.31 million from the previous year. The company has a history of beating EPS estimates, leading to a 9.0% share price increase the day after last quarter's earnings were announced.
March 06, 2024 | 9:10 pm
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POSITIVE IMPACT
OneSpan reported a significant beat on Q4 earnings with an EPS of $0.19 against an estimate of $0.03 and a revenue increase of $6.31 million from the previous year.
Given OneSpan's history of beating EPS estimates and the subsequent positive stock price movement, the significant earnings beat in Q4 is likely to have a similar positive short term impact on OSPN's stock price. The company's consistent performance in surpassing earnings expectations suggests investor confidence could be bolstered, potentially leading to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100