OneSpan (OSPN) Fiscal Q2 EPS Jumps 16%
(NASDAQ:OSPN), a digital identity and authentication company focused on banking security and e-signature solutions, reported its earnings for the second quarter of fiscal 2025 on August 5, 2025. The company delivered results that exceeded Wall Street expectations, with both GAAP revenue and non-GAAP EPS surpassing analyst estimates, with non-GAAP earnings per share of $0.34 and GAAP revenue of $59.8 million, Both non-GAAP EPS and GAAP revenue were above analyst forecasts. While Total GAAP revenue declined 2% year-over-year, profitability improved and recurring subscription-based revenue continued rising. The company’s bottom line benefited from higher gross margins and disciplined cost controls. Overall, the quarter showcased progress in shifting to a subscription-centric business with improving profitability but limited top-line growth.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
OneSpan delivers software and hardware products that protect banks, financial institutions, and enterprises during digital transactions. Its primary offerings include authentication devices, identity verification, and Digital Agreements, which let customers sign forms and contracts online.
Source Fool.com