Imperva, Inc. (NYSE: IMPV) said it expects to report total revenue for the first quarter of 2014 in the range of USD31.0m to USD31.5m compared to the company´s prior guidance of total revenue in the range of USD36.0m to USD37.0m.
Imperva also expects to report non-GAAP operating loss in the first quarter of 2014 in the range of USD(9.5)m to USD(10.5)m, and expects to report non-GAAP net loss per share attributable to Imperva stockholders in the range of USD(0.40) to USD(0.44) using approximately 25.2m weighted average shares, based on preliminary financial information.
This is compared to the company´s prior guidance of a non-GAAP operating loss in the range of USD(8.0)m to USD(9.0)m and non-GAAP net loss per share attributable to Imperva stockholders in the range of USD(0.33) to USD(0.37). Preliminary non-GAAP results exclude stock-based compensation and acquisition-related expenses.
Imperva, pioneering the third pillar of enterprise security, fills the gaps in endpoint and network security by directly protecting high-value applications and data assets in physical and virtual data centers. Its website is at www.imperva.com,