OneSpan Q2 2024 Adj. EPS $0.31 Beats $0.16 Estimate, Sales $60.924M Beat $55.569M Estimate
Portfolio Pulse from Benzinga Newsdesk
OneSpan (NASDAQ:OSPN) reported strong Q2 2024 earnings, with adjusted EPS of $0.31 beating the $0.16 estimate and sales of $60.924 million surpassing the $55.569 million estimate. This marks a significant improvement from the same period last year.
August 01, 2024 | 8:20 pm
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OneSpan reported Q2 2024 adjusted EPS of $0.31, significantly beating the $0.16 estimate. Sales also exceeded expectations at $60.924 million. This strong performance indicates a positive short-term impact on the stock price.
The significant beat on both EPS and sales compared to analyst estimates, along with a substantial improvement from the same period last year, suggests a strong positive reaction in the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100