OneSpan: 4Q Earnings Snapshot
CHICAGO (AP) _ OneSpan Inc. (OSPN) on Tuesday reported fourth-quarter net income of $4 million, after reporting a loss in the same period a year earlier.
The Chicago-based company said it had profit of 10 cents per share. Earnings, adjusted for one-time gains and costs, came to 17 cents per share.
The internet security company posted revenue of $64.8 million in the period.
For the year, the company reported net income of $3.8 million, or 10 cents per share, swinging to a profit in the period. Revenue was reported as $212.3 million.
OneSpan expects full-year revenue in the range of $229 million to $237 million.
OneSpan shares have increased 29 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.77, an increase of 21 percent in the last 12 months.