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OneSpan: 4Q Earnings Snapshot

CHICAGO (AP) _ OneSpan Inc. (OSPN) on Tuesday reported fourth-quarter net income of $5.1 million.

On a per-share basis, the Chicago-based company said it had net income of 13 cents. Earnings, adjusted for one-time gains and costs, were 24 cents per share.

The internet security company posted revenue of $71 million in the period.

For the year, the company reported profit of $8.8 million, or 22 cents per share. Revenue was reported as $254.6 million.

OneSpan expects full-year revenue in the range of $255 million to $265 million.

OneSpan shares have dropped slightly more than 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.36, a fall of 20% 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