CHICAGO (AP) _ OneSpan Inc. (OSPN) on Tuesday reported third-quarter net income of $11.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Chicago-based company said it had profit of 30 cents. Earnings, adjusted for one-time gains and costs, came to 36 cents per share.
The internet security company posted revenue of $79.7 million in the period.
OneSpan expects full-year revenue in the range of $248 million to $250 million.
OneSpan shares have risen 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.83, a decrease of nearly 6% in the last 12 months.