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OneSpan: 3Q Earnings Snapshot

·1 min read

CHICAGO (AP) _ OneSpan Inc. (OSPN) on Monday reported a third-quarter loss of $1.7 million, after reporting a profit in the same period a year earlier.

The Chicago-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.

The internet security company posted revenue of $51.4 million in the period.

OneSpan expects full-year revenue in the range of $203 million to $207 million.

OneSpan shares have climbed 31% since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.51, a rise of 20% in the last 12 months.

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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