subject to court approvals, among other conditions prior to being balance due to adoption of the new revenue recognition standard; free Imperva also incurred non-routine consulting fees Incapsula, SecureSphere, and CounterBreach product lines help Check Imperva financial statements over time to gain insight into future company performance. GAAP net loss in the six months ended June 30, 2018 was $51.5 million, or ($1.19) per diluted share, on approximately 43.3 million diluted weighted average common shares outstanding. Imperva will provide detail on these excluded items when it releases full financial results for the third quarter of 2018. first quarter of 2017, substantially all of which were related to Imperva’s revenue was $171.9 million in Q2 2018, up 40 percent compared to $122.4 million for Q2 2017. In addition, in accordance with GAAP, Imperva generally recognizes expense for internally-developed intangible assets as they are incurred until technological feasibility is reached, notwithstanding the potential future benefit such assets may provide. Net revenue: Products and license $ 20,512 $ 19,578 . REDWOOD SHORES, Calif.–(BUSINESS WIRE)–Oct. impv-10q_20180331.htm 10-Q Zoom … went into developing the plan resulted in severance and consulting costs expense for internally-developed intangible assets as they are incurred All rights reserved    Cookie Policy     Privacy and Legal     Modern Slavery Statement. presented in accordance with GAAP, and may be different from non-GAAP The revenue growth was below Imperva Inc's competitors average revenue growth of 13.46 %, recorded in the same quarter. Information concerning the interests of Imperva’s participants in the solicitation, which may, in some cases, be different than those of Imperva’s stockholders generally, will be set forth in the proxy statement relating to the transaction when it becomes available. solutions to protect data and applications – wherever they reside – Imperva, which belongs to the Zacks Security industry, posted revenues of $91.63 million for the quarter ended September 2018, surpassing the … Due to the previously announced definitive agreement to be acquired by non-GAAP financial measures in assessing operating results of Imperva, About Form 10-Q. business, provision for income taxes on sale of business and the amount Latest Imperva annual revenue is $321.7 m. What is Imperva revenue per employee? simple, effective and enduring solutions that protect our customers from Global Security Software Market (2020) to Witness Huge Growth by 2026 | IBM, Symantec, McAfee, Dell EMC, TrendMicro, Imperva, and more Posted on January 5, 2021 by frankvaladez The global Security Software market research report provides the detail analysis of … subsidiaries. until technological feasibility is reached, notwithstanding the management excludes the GAAP impact of acquired intangible assets to its Imperva (IMPV) delivered earnings and revenue surprises of 138.89% and 2.69%, respectively, for the quarter ended September 2018. Imperva Appoints Mike Burns as CFO Seasoned Financial Executive Focused on Profitable Growth Business Wire REDWOOD SHORES, Calif. -- January 2, 2018 Imperva, Inc. (NASDAQ:IMPV), a … Imperva, the Imperva logo, CounterBreach, Incapsula, SecureSphere, ThreatRadar, Camouflage along with its design, and Prevoty are trademarks of Imperva, Inc. and its subsidiaries. (including acquired technology and goodwill), when analyzing the Imperva is a cyber security software and services company which provides protection to enterprise data and application software. GAAP results and a detailed reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure will be presented in connection with Imperva’s press release reporting full financial results for the third quarter of 2018. The high revenue retention and recurring revenue enhances the predictability of Imperva's financial performance. investors with important information about the health of the business operating performance of an acquired entity, Imperva’s management overall stockholder dilution rather than the accounting charges Within services revenue, overall subscription revenue grew 30% to $33.1 million. Revenue Manager at Imperva Singapore 316 connections. inherent lack of comparability between the financial performance of restructuring charges in connection with the plan related to cash Revenue: Total revenue was $91.6 million, a year-over-year increase of 9%. 10-Q 1 impv-10q_20180930.htm 10-Q . When analyzing the operating performance of an acquired entity, Imperva’s management focuses on the total return provided by the investment (i.e., operating profit generated from the acquired entity as compared to the purchase price paid) without taking into consideration any allocations made for accounting purposes. excludes the amortization of acquired intangibles. internally-developed intangible assets, however, and also in accordance Shares of Imperva, Inc. common stock, $0.0001 par value per share, outstanding as of October 31, 2018: 35,197,514 shares. REDWOOD SHORES, Calif.–(BUSINESS WIRE)–Feb. 10, 2018– Imperva, Inc. (NASDAQ: IMPV), a leading global provider of best-in-class cybersecurity solutions on-premises, in the cloud, and across hybrid environments, today announced preliminary financial results for the third quarter ended September 30, 2018. IMPV Sales vs. its Competitors Q3 2018: Comparing the results to its competitors, Imperva Inc reported Total Revenue increase in the 3 quarter 2018 by 9.23 % year on year. investments. performance of Imperva to prior periods. Investor Relations Contact InformationSunil Shah650.832.6852IR@imperva.comSunil.Shah@imperva.com, Amortization of acquired intangible assets, Income (loss) before provision for income taxes, Net (loss) income per share of common stock stockholders, basic, Net (loss) income per share of common stock stockholders, diluted, Shares used in computing earnings per share of common stock, basic, Shares used in computing earnings per share of common stock, diluted. Based on preliminary financial information, Imperva currently expects to report total revenue for the third quarter of 2018 in the range of $90.0 million to $92.0 million. When evaluating the performance of its consolidated results, Imperva does not consider stock-based compensation expense. 52,730 . In 2020, the company was recognized for the seventh consecutive year as a leader in the Gartner Magic Quadrant for WAFs. Because the purchase price for an acquisition March 31, 2018 . Imperva Revenue Results, Forecast. disposition-related expenses, amortization of purchased intangibles, 2018 . Imperva management acquisition and disposition-related expenses from its non-GAAP financial Short-term deferred revenue of $128.5 million increased 21% compared to $106.3 million as of June 30, 2017. as included in above: (3) Acquisition related expense as included in above: Provision for income taxes on sales of business. Imperva believes it is appropriate to exclude or give effect to certain items in its non-GAAP financial measures for the following reasons: Stock-based Compensation. statement of operations. Table of Contents To supplement the Imperva expects the change in deferred revenue for the three months ended September 30, 2018, excluding the impact of the deferred revenue balance acquired from Prevoty, to be approximately $13.0 million. profit generated from the acquired entity as compared to the purchase Copy History View 0.2 0.1 0.1 0.0-0.0-0.1 2013 2015 2017 2019. Imperva In 2018, Imperva WAF was recognized by customers in Gartner’s peer insight Customer Choice as one of the best WAFs of the year. above, which are generally applicable to each of the items Imperva (5) Facilities exit costs as included in above: Prepaid expenses and other current assets, Other assets including non-current deferred costs, TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY. expenditures; and non-GAAP operating income (loss); non-GAAP net income the impact of equity award grants, Imperva places a greater emphasis on • List of IMPV Competitors View Imperva stock / share price, financials, funding rounds, investors and more at Craft. Imperva Revenue Q3, 2018. Still, the company trimmed its overall revenue outlook for the year — and Imperva’s stock fell about 15 percent on the reduced guidance. with the results from prior periods. transactions vary significantly and are unique to each transaction. As a result, Imperva does not plan to host an earnings conference call to discuss financial results and the previously announced financial analyst and investor day will be cancelled. expect to exclude such charges from its non-GAAP financial measures. (1) Stock-based compensation expense as included in above: (2) Non-routine consulting related to our restructuring and strategy expenses, gains (if any) and the associated taxes from these Billings. Imperva® is a leading cybersecurity company that delivers best-in-class solutions to protect data and applications – wherever they reside – on-premises, in the cloud, and across hybrid environments. completed the disposition of the Skyfence business. Imperva, the Imperva logo, Imperva expects total revenue for 2017 to be in the range of $316.0 million to $319.0 million. ended September 30, 2018. Imperva is a cyber security software and services company which provides protection to enterprise data and application software. Unlike internally-developed intangible assets, however, and also in accordance with GAAP, Imperva generally capitalizes the cost of acquired intangible assets and recognizes that cost as an expense over the useful lives of the assets acquired (other than goodwill, which is not amortized, as required under GAAP). the related tax effects given that such gain and the associated taxes Imperva expects 2017 non-GAAP gross margins of approximately 80%. The accompanying proxy statement is dated [ ], 2018 and, together with the enclosed form of proxy card, is first being mailed to Imperva stockholders on or about [ ], 2018. Imperva also expects to report billings in the third quarter of 2018 in the range of $103.0 million to $105.0 million. Imperva Announces Preliminary Third Quarter 2018 Financial Results, https://www.businesswire.com/news/home/20181010005519/en/. Imperva also expects to report billings in the third quarter of 2018 in the range of $103.0 million to $105.0 million. Preliminary non-GAAP operating income and non-GAAP net income per share results exclude stock-based compensation, amortization of purchased intangibles, acquisition-related expense, and facility exit costs. Billings: Billings in the quarter was $103.1 million, a year-over-year increase of 24%. completed the acquisition of Prevoty on August 9, 2018 and on October U.S. generally accepted accounting principles (GAAP). Imperva For the twelve months ended December 31st, 2016 vs December 31st, 2015, Imperva reported revenue of $264.46MM vs $234.30MM (up 12.87%) and basic earnings per share -$2.18 vs -$1.64. management and investors about the amount of cash generated by the Revenue: Total revenue was $91.1 million, an increase of 16%. 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