OneSpan Inc (NASDAQ: OSPN) shares are soaring 8.94% in pre-market trading on Friday following the release of its impressive first-quarter 2025 financial results and a positive outlook for the year ahead. The cybersecurity and digital agreements company reported record-high adjusted EBITDA and maintained its full-year guidance despite macroeconomic uncertainties.
OneSpan's Q1 2025 highlights include: - Record high adjusted EBITDA of $23 million, up 15% year-over-year - Adjusted EBITDA margin of 36.4%, also a new record - Annual Recurring Revenue (ARR) growth of 9% to $168.4 million - Non-GAAP earnings per share of $0.45, up from $0.39 in Q1 2024 - Strong cash generation with $29.4 million from operations
During the earnings call, CEO Victor Limongelli expressed confidence in the company's performance, stating, "We've had a good start to the year in terms of bookings, and the sales team's performance has been strong." The company maintained its full-year 2025 guidance, expecting revenue between $245 million and $251 million, and adjusted EBITDA in the range of $72 million to $76 million. This positive outlook, combined with the strong Q1 results, appears to be driving investor enthusiasm and the significant stock price increase.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.