OneSpan cuts FY25 revenue view to $239M-$241M from $245M-$251M

Consensus $247.9M. Sees FY25: Revenue to be in the range of $239 million to $241 million, as compared to the previous guidance range of $245 million to $251 million, with software and services in the range of $190 million to $192 million, and hardware in the range of $49 million to $50 million. ARR to be in the range of $183 million to $187 million, as compared to the previous guidance range of $186 million to $192 million. Adjusted EBITDA to be in the range of $72 million to $76 million.