OneSpan Q3 2024 Adj. EPS $0.33 Beats $0.19 Estimate, Sales $56.242M Beat $54.728M Estimate
Portfolio Pulse from Benzinga Newsdesk
OneSpan reported Q3 2024 earnings of $0.33 per share, surpassing the $0.19 estimate, and sales of $56.242M, exceeding the $54.728M estimate. Despite beating estimates, sales decreased by 4.41% compared to the same period last year.
October 30, 2024 | 8:13 pm
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OneSpan's Q3 2024 earnings exceeded expectations with an EPS of $0.33, beating the $0.19 estimate, and sales of $56.242M, surpassing the $54.728M estimate. However, sales declined by 4.41% year-over-year.
The significant beat on EPS and sales estimates is likely to positively impact OneSpan's stock price in the short term. However, the year-over-year decline in sales may temper some investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100