OneSpan Narrows FY2024 Sales Guidance from $238.00M-246.00M to $238.00M-242.00M VS Est. 242.89M
Portfolio Pulse from Benzinga Newsdesk
OneSpan has revised its FY2024 sales guidance, narrowing the range to $238.00M-$242.00M, which is below the estimated $242.89M.
October 30, 2024 | 8:38 pm
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OneSpan has adjusted its FY2024 sales guidance to a range of $238.00M-$242.00M, which is below the market estimate of $242.89M. This revision may indicate potential challenges in meeting previous sales expectations.
The narrowing of the sales guidance range to below market expectations suggests that OneSpan may face difficulties in achieving its previous sales targets. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
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