OneSpan Inc. (OSPN) reported a profit for the third quarter that decreased from the same period last year but beat Street estimates. The company’s bottom line was $6.51 million, or $0.17 per share, compared to $8.27 million, or $0.21 per share, last year. Excluding items, adjusted earnings were $12.88 million or $0.33 per share, surpassing analysts’ expectations of $0.29 per share. Revenue for the period rose 1.5% to $57.06 million from $56.24 million last year.

Overall, OneSpan Inc. posted earnings of $6.51 million, EPS of $0.17, and revenue of $57.06 million for the quarter.

Read more at Nasdaq: OneSpan Inc. Q3 Profit Decreases, But Beats Estimates