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OneSpan: 4Q Earnings Snapshot

February 19, 2019

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSPN at https://www.zacks.com/ap/OSPN