Imperva Q2 Loss Widens - Quick Facts

(RTTNews) - Imperva Inc. (IMPV) Wednesday said second-quarter loss widened to $5.9 million or $0.24 per share from $1.5 million or $0.07 per share in the same period last year.

Adjusted loss for the quarter was $2.3 million or $0.10 per share. On average, 11 analysts polled by Thomson Reuters expected the company to report a loss of $0.05 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $31.3 million, up 28 percent from $24.6 million last year. Analysts expected revenues of $31.38 million.

Looking ahead to the third quarter, the company has forecast a loss ranging between $0.04 and $0.06 per share with revenues in the order of $34.0 million to $35.0 million. Analysts currently expect the company to earn $0.04 per share on revenues of $34.34 per share for the third quarter.

For the fiscal 2013, the company projects loss in a range of $0.06 to $0.10 per share, on revenues in the order of $135.0 million to $137.0 million. Analysts currently expect the company to report full-year earnings of $0.05 per share on revenues of $135.49 million.