Imperva -2.3% after Q1 beats, in-line guide with expected tax charge [Seeking Alpha]
IMPERVA (IMPV)
Last imperva earnings: 7/26 04:10 pm
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US:NYSE Investor Relations:
imperva.com/company/investors
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Source: Seeking Alpha
Imperva -2.3% after Q1 beats, in-line guide with expected tax chargeImperva (NASDAQ:IMPV) shares aredown 2.3% after Q1 results that beat EPS and revenue estimates with a 17% Y/Y revenue growth.Q2 guidance from earnings call puts revenue from $86M to $88M (consensus: $86.90M) with EPS from $0.25 to $0.28 (consensus: $0.28).Tax charge: Imperva cites a recent court ruling in saying it expects to book an unusually large tax provision charge in Q2. The charge could total up to $21M and the cash impact in Q2 expected at around $1M.FY18 guidance has revenue from $368M to $374M (consensus: $370.95M) and EPS from $1.49 to $1.55 (consensus: $1.48).Press releasePreviously:Imperva beats by $0.07, beats on revenue (April 26)See all stocks on the move »Now read:Ceridian: Strong IPO, Further Upside Unlikely »
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