OneSpan Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 55.73 million compared to USD 52.79 million a year ago. Net loss was USD 17.75 million compared to USD 9.35 million a year ago. Basic loss per share from continuing operations was USD 0.44 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 0.44 compared to USD 0.23 a year ago.
For the six months, revenue was USD 113.34 million compared to USD 105.24 million a year ago. Net loss was USD 26.11 million compared to USD 4.14 million a year ago. Basic loss per share from continuing operations was USD 0.65 compared to USD 0.1 a year ago. Diluted loss per share from continuing operations was USD 0.65 compared to USD 0.1 a year ago.