By Dean Seal
Shares of OneSpan fell after the company cut its revenue outlook for the year and reported a third-quarter top line that missed Wall Street forecasts.
The stock was down 16% at $13.00 after hours. Shares had already lost 16% year to date when the market closed.
The identify-verification company said it now expects $239 million to $241 million in revenue this year, down from a previous target of $245 million to $251 million.
The revision comes after revenue in the third quarter rose 1% to $57.1 million, short of analyst projections for $58.2 million, according to FactSet.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
October 30, 2025 18:01 ET (22:01 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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