OneSpan Q1 2025 Revenue Down, Net Loss Narrows
Ticker: OSPN · Form: 10-Q · Filed: May 1, 2025 · CIK: 1044777
| Field | Detail |
|---|---|
| Company | Onespan Inc. (OSPN) |
| Form Type | 10-Q |
| Filed Date | May 1, 2025 |
| Risk Level | medium |
| Sentiment | mixed |
Sentiment: mixed
Topics: earnings, revenue-decline, net-loss
TL;DR
OneSpan's Q1 revenue dropped to $66.3M from $69.6M last year, but net loss improved slightly to $10.7M.
AI Summary
OneSpan Inc. filed its 10-Q for the period ending March 31, 2025. The company reported revenue of $66.3 million for the first quarter of 2025, a decrease from $69.6 million in the same period of 2024. Net loss for the quarter was $10.7 million, compared to a net loss of $11.3 million in the prior year's first quarter.
Why It Matters
This filing provides insight into OneSpan's financial performance, indicating a slight revenue decline and a marginal improvement in net loss, which could impact investor sentiment and future strategic decisions.
Risk Assessment
Risk Level: medium — The company experienced a revenue decrease and continues to report net losses, suggesting ongoing financial challenges.
Key Numbers
- $66.3M — Q1 2025 Revenue (Represents a decrease compared to the prior year.)
- $69.6M — Q1 2024 Revenue (Prior year's revenue for comparison.)
- $10.7M — Q1 2025 Net Loss (Slight improvement from the prior year's net loss.)
- $11.3M — Q1 2024 Net Loss (Net loss in the comparable prior year period.)
Key Players & Entities
- OneSpan Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- $66.3 million (dollar_amount) — Q1 2025 revenue
- $69.6 million (dollar_amount) — Q1 2024 revenue
- $10.7 million (dollar_amount) — Q1 2025 net loss
- $11.3 million (dollar_amount) — Q1 2024 net loss
FAQ
What was OneSpan's total revenue for the first quarter of 2025?
OneSpan's total revenue for the first quarter of 2025 was $66.3 million.
How does the Q1 2025 revenue compare to Q1 2024 revenue?
Q1 2025 revenue of $66.3 million decreased from $69.6 million in Q1 2024.
What was the net loss for OneSpan in the first quarter of 2025?
The net loss for the first quarter of 2025 was $10.7 million.
Did the net loss improve or worsen in Q1 2025 compared to Q1 2024?
The net loss improved slightly in Q1 2025 ($10.7 million) compared to Q1 2024 ($11.3 million).
What is the fiscal year end for OneSpan Inc.?
OneSpan Inc.'s fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 1, 2025 regarding OneSpan Inc. (OSPN).