OneSpan Inc

OneSpan, Inc. engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. Its solutions have the following functions: to secure access to online accounts, data, assets, and applications for global enterprises, to provide tools for application developers to easily integrate security functions into their web-based and mobile applications, and to facilitate digital transactions involving the signing, sending, and managing of documents. The company was founded by T. Kendall Hunt in 1991 and is headquartered in Chicago, IL.

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OneSpan Inc (OSPN) reports robust Q4 earnings, eyes sustained growth

OneSpan Inc (OSPN) demonstrated strong financial performance, strategic restructuring, and a focus on innovation, positioning them for continued growth and profitability.
With a clear vision for product development, market expansion, and customer acquisition, the company is well-equipped to navigate evolving industry trends and capitalize on emerging opportunities.
While challenges exist in a competitive landscape and operational efficiency, OneSpan Inc (OSPN) remains confident in their ability to meet long-term targets and drive successful execution.

OneSpan Inc (OSPN) reports strong Q1 growth and invests in future digital security

OneSpan Inc (OSPN) demonstrated solid performance in Q1 2023 with revenue and ARR growth.
The company's strategic investments in new products and technologies position it well for future expansion.
Challenges in the macroeconomic environment are being addressed while opportunities in digital security remain promising.

OneSpan Inc reports Q2 growth, targets higher profitability by 2024

OneSpan Inc's Q2 2023 performance showed revenue and ARR growth, alongside ongoing cost reduction efforts.
Challenges include macro uncertainties affecting the digital agreement segment and the need to enhance sales team productivity.
The company's strategic focus on profitability, demand generation, and aligning sales and marketing efforts presents opportunities for future growth.

OneSpan Inc reports Q3 growth, targets profitability and strategic acquisitions

OneSpan Inc's Q3 performance reflects steady revenue growth, cost reduction efforts, and progress towards profitability targets, positioning the company for future success.
With a clear focus on operational efficiency, strategic business unit transitions, and enhanced financial guidance, OneSpan demonstrates a commitment to sustainable growth and value creation.
While facing challenges in Q4 profitability and balancing cost savings with strategic investments, the company remains optimistic about its outlook and opportunities for expansion and innovation.

OneSpan Inc reports robust Q4 earnings, eyes growth opportunities

OneSpan Inc's Q4 2023 earnings call highlighted strong financial performance, operational improvements, and strategic focus on revenue growth. The company aims to achieve financial targets, improve efficiency, and enhance shareholder value through capital allocation strategies and sales team productivity.

OneSpan Inc (OSPN) reports strong Q1 performance and targets $75M cost savings

OneSpan Inc (OSPN) demonstrated robust financial performance in Q1 2024, marked by revenue growth, profitability, and cost-saving initiatives.
The company's strong ARR growth and cash position provide a solid foundation for future growth and strategic investments.
Analyst inquiries highlighted areas for improvement and strategic focus, indicating a proactive approach to addressing challenges and leveraging opportunities.

OneSpan Inc reports solid Q2 results, eyes growth opportunities

OneSpan Inc's Q2 2024 performance reflects positive growth trends, improved operational efficiency, and a strategic shift towards software and services.
While facing challenges in hardware revenue and scaling innovations, the company's strengths in renewals, digital agreements, and leadership stability offer a strong foundation for future growth.
Opportunities lie in expanding SaaS offerings, leveraging new products, and capitalizing on the strong performance of key business units to drive continued success.
Overall, OneSpan Inc's outlook appears promising with a focus on profitability, innovation, and potential capital returns to shareholders.

OneSpan Inc posts profitable Q3 with subscription revenue growth

OneSpan Inc (OSPN) reported a profitable quarter with strong subscription revenue growth, despite a 4% decline in total revenue driven by lower hardware sales.
The company showcased profitability in both Digital Agreements and Security segments, with a focus on cost reduction and higher-margin software revenue.
Opportunities lie in potential capital return to shareholders, transitioning to software revenue, and exploring drivers of subscription revenue growth.

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OneSpan, Inc. engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. It operates through the Digital Agreements and Security Solutions segments. The Digital Agreements segment consists of solutions that enable the company's clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation, and compliance. The Security Solutions segment refers to the portfolio of software products and software development kits that are used to build applications designed to defend against attacks on digital transactions across online environments, devices, and applications. The company was founded by T. Kendall Hunt in 1991 and is headquartered in Boston, MA.

CHICAGO--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced the appointment of Stuti Bhargava as its first Chief Customer Experience Officer, a newly created position at OneSpan, representing a significant step in the company's commitment to customers and their end-to-end experience. With more than 20 years of technology experience, including 10 years leading customer success teams, Bhargava will lead OneSpan's customer success organization and pa

OneSpan Welcomes Stuti Bhargava as Company's First Chief Customer Experience Officer

CHICAGO--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced the general availability of its secure Virtual Room cloud service which enables organizations to deliver live, high-touch assistance to their customers in a high-assurance virtual environment. This next-generation customer engagement solution gives organizations the ability to balance identity security, authentication, and e-signature solutions from the broader OneSpan portfolio with a hi

OneSpan Launches Virtual Room Enabling Secure Face-to-Face Transactions

CHICAGO--(BUSINESS WIRE)--OneSpan (NASDAQ: OSPN), the digital agreements security company, today announced a significant expansion of its OneSpan Cloud Authentication service with BankID. BankID first launched with OneSpan in September 2021 and has already reached a multi-million user milestone that is expected to continue growing as BankID's technology adoption increases. This expanded partnership further solidifies the crucial role BankID has entrusted to OneSpan to provide high-assurance sec

BankID Expands Digital Identity Protection with OneSpan, Extending to Millions of Customers

CHICAGO--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced that Jorge Garcia Martell has been appointed as the Company's Chief Financial Officer, effective September 6, 2022. Mr. Martell replaces Jan Kees van Gaalen, who concluded his role as the Company's Interim Chief Financial Officer concurrently with Mr. Martell's appointment. Mr. Martell joins OneSpan with over 20 years of financial, strategic, and operational leadership experience, includi

OneSpan Appoints New Chief Financial Officer Jorge Martell

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced its Mobile Security Suite (MSS) has earned the coveted title of “Best Mobile Security Solution” for the 2022 SC Awards, one of the industry's most reputable and prestigious honors. The annual SC Awards program recognizes and rewards products and services that stand out from the crowd, exceed customer expectations, and help defeat imminent threats and cyber-security attacks. Now in its

OneSpan Wins 2022 SC Award for Best Mobile Security Solution

OneSpan Inc. (NASDAQ:OSPN ) Q2 2022 Earnings Conference Call August 2, 2022 4:30 PM ET Company Participants Joe Maxa - Vice President of Investor Relations Matt Moynahan - Chief Executive Officer Jan Kees van Gaalen - Interim Chief Financial Officer Conference Call Participants Chad Bennett - Craig Hallum Gray Powell - BTIG Rudy Kessinger - D. A. Davidson Operator Good afternoon, ladies and gentlemen.

OneSpan Inc. (OSPN) CEO Matt Moynahan on Q2 2022 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today reported financial results for the second quarter ended June 30, 2022. “We delivered a solid quarter with 21% ARR growth and 26% subscription revenue growth despite meaningful FX headwind,” stated OneSpan CEO, Matt Moynahan. “We are just getting started with OneSpan 2.0 and are now reporting results under our two operating segments: Digital Agreements, which we plan to manage for accelerated gr

OneSpan Reports Second Quarter 2022 Financial Results

CHICAGO--(BUSINESS WIRE)--OneSpan™ (NASDAQ: OSPN), the digital agreements security company, today announced that it has been identified as a Representative Vendor in the Gartner "Market Guide for Electronic Signature" report1. This Gartner Market Guide report states that for e-signatures, “identity-related functions are increasingly important or required from a regulatory standpoint in B2C or high-risk use cases. These can include strong user authentication, identity proofing, digital identity

OneSpan Listed as a “Representative Vendor” in 2022 Gartner® Market Guide for Electronic Signature

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced it will release its second quarter 2022 financial results after market close on Tuesday, August 2, 2022. On August 2, 2022 at 4:30 p.m. ET, OneSpan will host a conference call to discuss its second quarter 2022 financial results. A live webcast of the conference call will be available via the OneSpan Investor Relations website at: investors.onespan.com. Shortly after the conclusion of

OneSpan to Announce Second Quarter Financial Results on August 2, 2022

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, announced today that Michael Lillie has joined the company as Chief Information Officer (CIO), reporting to Matthew Moynahan, President and Chief Executive Officer. Lillie is a highly accomplished executive with nearly 30 years of information technology and information security leadership experience driving scale and agility through enterprise and cloud growth transformations. Most recently, Lillie w

OneSpan Continues to Build Momentum with Key Appointment of Michael Lillie as Chief Information Officer

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, announced today its Board of Directors (the “Board”) appointed Matthew Moynahan, President and Chief Executive Officer, to the Board effective immediately following the conclusion of the Company's annual meeting of stockholders on June 8, 2022. “Matt's appointment to the Board reflects his exceptional track record in implementing growth strategies and operational transformation,” stated Al Nietzel, O

Matthew Moynahan Appointed to OneSpan's Board of Directors

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, announced today the addition of Lara Mataac as General Counsel and Chief Compliance Officer to lead the company's legal team and oversee corporate governance and compliance. With nearly two decades of legal, compliance, corporate governance, and mergers and acquisitions (M&A) experience focused on public and private cloud-based technology companies, Mataac will play a key role in OneSpan's strate

OneSpan Strengthens Executive Team with Appointment of Lara Mataac as General Counsel and Chief Compliance Officer

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements company, announced today that Michael Klieman has joined the company as Chief Product Officer. Klieman brings over 30 years of technology and security experience to OneSpan. In this newly created role, Klieman will be responsible for overseeing the company's product management, product operations, and design functions as well as driving innovation through OneSpan's newly created Innovation Lab. Klieman's hire is an im

OneSpan Welcomes Michael Klieman as Chief Product Officer

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in digital identity verification and e-signatures, will provide an update on its strategic plan to transform the Company and accelerate growth during its Investor Day today, which begins at 9:00 a.m. ET. During presentations to investors and analysts, OneSpan CEO, Matt Moynahan, and other members of the executive team will discuss the Company's growth plans and present its three-year financial targets. In addition, OneSpan a

OneSpan to Provide Strategic Transformation Update

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in identity verification and e-signatures, today announced that management will participate in several investor conferences during the second quarter of 2022, following the Company's May 17, 2022 Investor Day: 17th Annual Needham Technology & Media Conference. Matt Moynahan, CEO, and Joe Maxa, Vice President of Investor Relations, will host one-on-one virtual meetings on Thursday, May 19, 2022. 19th Annual Craig-Hallum I

OneSpan Announces Participation in Upcoming Investor Conferences – Following May 17, 2022 Investor Day

OneSpan Inc. (NASDAQ:OSPN ) Q1 2022 Earnings Conference Call May 3, 2022 4:30 PM ET Company Participants Joe Maxa - Vice President of Investor Relations Matt Moynahan - Chief Executive Officer Jan Kees van Gaalen - Interim Chief Financial Officer Conference Call Participants Stefan Schwarz - BTIG Nick Mattiacci - Craig-Hallum Rudy Kessinger - D.A. Davidson Operator Hello, and welcome to today's OneSpan First Quarter 2022 Earnings Conference Call.

OneSpan Inc. (OSPN) CEO Matt Moynahan on Q1 2022 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in identity verification and e-signatures today reported financial results for the first quarter ended March 31, 2022. “We are pleased with our first quarter results, including 21% ARR growth, 22% recurring revenue growth and positive adjusted EBITDA,” stated OneSpan CEO, Matt Moynahan. “We delivered a solid quarter while working hard to finalize our long-term strategic plan. I look forward to discussing with you the details

OneSpan Reports Results for First Quarter 2022

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in digital identity verification and e-signatures, today announced it will release its first quarter 2022 financial results after market close on Tuesday, May 3, 2022. On May 3, 2022 at 4:30 p.m. ET, OneSpan will host a conference call to discuss its first quarter 2022 financial results. A live webcast of the conference call will be available via the OneSpan Investor Relations website at: investors.onespan.com. Shortly after

OneSpan to Announce First Quarter Financial Results on May 3, 2022

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in digital identity verification and e-signatures, today announced it will hold an Investor Day on Tuesday, May 17, 2022 in New York City. Presentations will begin at 9:00 a.m. EDT and will conclude at approximately 12:00 p.m. EDT. Members of OneSpan's senior management team will provide updates on the company's strategic transformation, growth strategy and business outlook. OneSpan will webcast the event simultaneously on t

OneSpan Announces Investor Day on May 17, 2022

CHICAGO--(BUSINESS WIRE)---- $OSPN--Hanson brings 30+ years in marketing, sales, and product, to drive transformation, build market momentum, and grow industry recognition.

OneSpan Appoints Eric Hanson as Chief Marketing Officer

OneSpan's (OSPN) CEO Matt Moynahan on Q4 2021 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in identity verification and e-signatures today reported financial results for the fourth quarter and year ended December 31, 2021. “We are pleased with the strong momentum we finished the year with – exceeding our expectations for revenue, ARR and adjusted EBITDA,” stated OneSpan CEO, Matt Moynahan. “As I look ahead to 2022, I am encouraged by the strength in our solutions and market position, as well as the potential to en

OneSpan Reports Results for Fourth Quarter 2021 and Full Year 2021

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), a global leader in digital identity verification and e-signatures, today announced it will release its fourth quarter and fiscal year 2021 financial results after market close on Tuesday, February 22, 2022. On February 22, 2022 at 4:30 p.m. ET, OneSpan will host a conference call to discuss its fourth quarter and fiscal year 2021 financial results. A live webcast of the conference call will be available via the OneSpan Investor Relations we

OneSpan to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on February 22, 2022

CHICAGO--(BUSINESS WIRE)-- #WeAreOneSpan--Former Symantec, Priceline.com, and Criteo executive joins OneSpan to help accelerate growth by aligning people with business and customer objectives

OneSpan Appoints Technology Industry Leader Tom Aurelio as Chief People Officer

CHICAGO--(BUSINESS WIRE)-- #FinTech--OneSpan™ (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today released its second annual Global Financial Regulations Report. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year's report also reveals how financial institutions are responding to new challenges presented by increasingly innovative hacking attacks, protecting sensitive data and evermore stringe

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