Imperva Inc (NASDAQ:$IMPV) is a leading provider of cyber security solutions that protect business-critical data and applications. Earlier this week, it announced preliminary financial results for the third quarter ending on September 30th, that was high above the high end of the guidance ranges for both total revenue and profitability.
According to its official Twitter account: “We were pleased with our third quarter results which were driven by Imperva’s best-of-breed discover, protection and compliance solutions.”
According to preliminary financial information, Imperva currently expects to report total revenues for 3Q17 of around $83.5 million to $84 million, as compared to the company’s prior guidance of between $81.0 million and $83.0 million.
Further, the company is expecting non-GAAP operating income in 3Q17 to be in the range of $10.5 million and $11.0 million. The company excludes stock-based compensation expense from its non-GAAP financial measures primarily since it does not consider it part of ongoing operating results. Especially, when assessing the performance of its business, and the exclusion of the expense facilitates the comparison of results and business outlook for future periods.
Imperva’s press release reporting full financial results for the quarter is set to be released after the close of the market on November 8th, 2017.
Featured Image: Depositphotos/© Jirsak
