March 1, 2021
Business News

OneSpan Reports Results for Fourth Quarter and Full Year 2020; Exceeds Full Year 2020 Revenue Guidance


CHICAGO–()–OneSpan Inc. (NASDAQ: OSPN), the global leader in securing remote banking transactions, today reported financial results for the fourth quarter and full year ended December 31, 2020.

“Improved demand for mobile security and continued strong demand for e-signature solutions resulted in record bookings of recurring revenue contracts and stronger than forecast revenue in the fourth quarter,” stated OneSpan CEO, Scott Clements. “For the full year, ARR grew 29%, near the high-end of our multi-year goal of 25%-30% average growth; 66% of software revenues were recurring, up from 49% in the prior year; and software and services contributed a record 62% of total revenue. In 2021, we expect continued…



Click here to view the original article.

Related Posts

You might also like ...

Ambac Reports Fourth Quarter 2020 Results
Milliken & Company kondigt overname van Zebra-chem aan
AON Splash Image
JMX Contracting Inc. Announces Emergence From Restructuring Proceeding