OneSpan Sees FY24 Revenue $238M-$246M Vs 251M Estimate
Portfolio Pulse from Benzinga Newsdesk
OneSpan has revised its financial outlook for FY24, expecting revenue to be between $238M and $246M, which is below the $251M estimate. However, ARR and adjusted EBITDA projections have been increased.
August 01, 2024 | 9:49 pm
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OneSpan has revised its FY24 revenue guidance to $238M-$246M, below the $251M estimate. However, ARR and adjusted EBITDA projections have been increased.
The revised revenue guidance is below market expectations, which could negatively impact the stock price in the short term. However, the increase in ARR and adjusted EBITDA projections may mitigate some of the negative sentiment.
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