The Hollywood Reporter says that the programme's creator and executive producer Jeff Eastin announced the news on his Twitter page.
"Congratulations to the best cast and crew on television," he said.
The move has been confirmed by USA Network, but no details have been released about when the second season will premiere.
The show stars Matthew Bomer and Tiffani Thiessen and is about a conman who starts working for the FBI. It will return for the second part of its first season in January.