02:17 PM EDT, 05/03/2024 (MT Newswires) -- OneSpan ( OSPN ) shares jumped more than 14% in recent Friday trading following its better-than-expected Q1 results.

Late Thursday, the firm reported Q1 non-GAAP earnings of $0.43 per diluted share, compared with a loss of $0.09 a year ago.

Four analysts surveyed by Capital IQ expected EPS of $0.17.

Revenue for the quarter ended March 31 was $64.8 million, up from $57.6 million a year earlier.

Four analysts surveyed by Capital IQ expected $56.4 million.

The company kept its full-year 2024 revenue guidance of $238 million to $246 million. Analysts expected $243.5 million.

Price: 12.49, Change: +1.54, Percent Change: +14.06