My identity security report goes out tomorrow. Tonight one of my five picks reported.
$OSPN up 20% after hours on a beat and raise.
> Revenue $63.9M vs $57.4M expected (+12% YoY)
> Subscription revenue +16%
> ARR +9% to $195.5M
> Net retention 105%
> FY guide raised on revenue, ARR and adjusted EBITDA
This month hackers hit 16 Korean financial institutions and India's largest bank.
$OSPN says more than 60% of the world's 100 largest banks use its products.
OneSpan is one of five picks in my identity security report, out tomorrow. Keep an eye out for this one, the other four are just as interesting. $OSPN