OneSpan Sees FY24 Revenue $238M-$246M vs $241.75M Est.
Portfolio Pulse from Benzinga Newsdesk
OneSpan projects its FY24 revenue to be in the range of $238M-$246M, compared to the market estimate of $241.75M.

May 02, 2024 | 9:02 pm
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NEUTRAL IMPACT
OneSpan's FY24 revenue projection aligns closely with market expectations, indicating stable financial performance.
OneSpan's revenue forecast for FY24 is very close to the market estimates, suggesting that the company's financial performance is in line with analyst expectations. This alignment typically indicates a stable outlook for the company, without significant surprises. However, since the forecast range encompasses the market estimate, the exact impact on the stock price could be neutral in the short term, as investors may have already priced in these expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100