In contrast, the Imperva management team is held accountable for cash-based compensation and such amounts are included in its operating plans. Imperva, the Imperva logo, CounterBreach, Incapsula, SecureSphere, ThreatRadar, and Camouflage along with its design are trademarks of Imperva, Inc. and its subsidiaries. “Imperva prevented 10,000 attacks in the first 4 hours of Black Friday weekend with no latency to our online customers.”. This compares to a non-GAAP net income of $8.3 million, or $0.24 per share based on 34.2 million weighted average diluted shares outstanding in the second quarter of 2017. Data Risk Analytics. Imperva Announces Second Quarter 2018 Financial Results, https://www.businesswire.com/news/home/20180726005878/en/, 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. Imperva (Filer) Form 8-K Current report pursuant to Section 13 or 15(d) 12/20/2018 4:31 PM: Imperva (Issuer) TESSLER ALLAN R (Reporting) Form 4 Statement of changes in … Federal Agency Warns Cloud Attacks Are On The Rise – How Can Businesses Stay Safe? Imperva experienced strong uptake during the first full quarter of availability for its new subscription based FlexProtect for Data license. "The only way to successfully mitigate against increasingly sophisticated attackers is to have a layered security posture. Accordingly, Imperva believes it is useful to provide, as a supplement to its GAAP operating results, a non-GAAP financial measure that excludes the amortization of acquired intangibles. 26, 2018– Imperva, Inc. (NASDAQ:IMPV), a leading global provider of best-in-class cybersecurity solutions on premises, in the cloud, and across hybrid environments, announced today financial results for the second quarter ended June 30, 2018. IT Professionals’ Confidence In Public Cloud Has Surged, Despite Performance Optimisation Issues, Vulnerabilities in the Next Generation of 5G Could Allow Attackers to Steal Credentials and Falsify Subscriber Authentication, Research: Fewer Than 10% Of Security Professionals Feel Prepared For 5G Rollout – AT&T Cybersecurity Insights Report. Join Imperva and a leading Forrester Analyst to learn more about the bot problem and understand the latest data from the Bad Bot Report 2020. Screenshot taken from Wynn's 2018 10-K Annual Report Last10K.com Member Feature Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q. (Annual sales and employees) What industry is the company in? The Investor Relations website contains information about Mimecast's business for stockholders, potential investors, and financial analysts. © 2018 Imperva, Inc. All rights reserved. Contact Us. Legal Settlements. The webcast will be available live on the Investors section of the company website at www.imperva.com. 2019 Annual Report Annual Report Cyberark Software Ltd does not currently have any reports on AnnualReports.com. Gartner ออก Magic Quadrant สำหรับ Web Application Firewall ประจำปี 2018 – Imperva ครองอันดับหนึ่งอีกครั้ง. Such activities include web scraping, competitive data mining, personal and financial data harvesting, brute-force login, digital ad fraud, spam, transaction fraud, and more. They allow bot operators, attackers, unsavory competitors, and fraudsters to perform a wide array of malicious activities. Flexible and predictable licensing to secure your data and applications on-premises and in the cloud. The non-GAAP financial measures used by Imperva include billings, or revenue plus the change in deferred revenue during the period plus any adjustment to the deferred revenue balance due to adoption of the new revenue recognition standard; free cash flow, or cash provided by operating activities less purchases of property and equipment; and historical and forward-looking non-GAAP operating income (loss), non-GAAP net income (loss), non-GAAP basic and diluted loss per share, and forward-looking non-GAAP gross margin. A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. When planning and evaluating the performance of its consolidated results, Imperva does not consider the amount of legal settlements it was required to recognize in the second quarter of 2018 as representative of ongoing operating costs due to the unusual and one-time nature of the charges. In 2018, Imperva WAF was recognized by customers in Gartner’s peer insight Customer Choice as one of the best WAFs of the year. During the second quarter of 2018, Imperva entered into an agreement in principle to settle two class action lawsuits and accrued the amounts of the settlements, which remain subject to court approvals, among other conditions prior to being funded. Imperva General Information Description. Imperva management uses, and believes that investors benefit from referring to, these non-GAAP financial measures in assessing operating results of Imperva, as well as when planning, forecasting and analyzing future periods. Prevoty complements current Imperva security offerings and extends its reach into the fast-growing DevOps market. As a result, the company does not believe that a GAAP reconciliation would provide meaningful supplemental information about the company’s outlook. 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. Imperva innovates using data, analytics, and insights from our experts and our community to deliver simple, effective and enduring solutions that protect our customers from cybercriminals. 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). Financial services industry hit hardest by bad bots, making up almost half of overall website traffic; Russia origin of most blocked attacks. Imperva believes billings provide management and investors with important information about the health of the business particularly as sales of subscription and support services and related renewals grow. Imperva announced the release of Imperva Attack Analytics, which uses the power of artificial intelligence to provide actionable insights to our customers by helping security teams easily identify the attacks that pose the highest risk. Imperva also excluded the gain on the sale of the Skyfence business and the related tax effects given that such gain and the associated taxes are not representative of Imperva’s ongoing operations. This report looks at the online shopping habits of over 4,000 consumers to extract insights on how to deliver the customer-centric digital experiences they want. Imperva 10Q quarterly report filed 2018-09-30. Imperva, Inc., the cybersecurity leader championing the fight to secure data and applications wherever they reside, today released its annual report titled: “2020 Bad Bot Report: The Bad Bots Strike Back.”The report investigates the automation that wreaks havoc on websites and mobile apps. Stock-based compensation - - Changes in operating assets and liabilities: Net cash provided by operating activities, Proceeds from sales/maturities of short-term investments, Net cash (used in) provided by investing activities, Proceeds from issuance of common stock, net of repurchases, Shares withheld for tax withholding on vesting of restricted stock units, Net cash provided by financing activities, Effect of exchange rate changes on cash, cash equivalents, and restricted cash, NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH, CASH, CASH EQUIVALENTS AND RESTRICTED CASH – Beginning of period, CASH, CASH EQUIVALENTS AND RESTRICTED CASH – End of period, Net loss per share of common stock stockholders, basic and diluted, Acquisition- and disposition-related expense, Non-routine consulting related to our restructuring and strategy, Provision for income taxes on sale of business, Weighted average shares outstanding, basic, Weighted average shares outstanding, diluted, Deferred revenue adjustment due to adoption of the new revenue recognition standard. Imperva does not acquire or dispose of businesses on a predictable cycle and the expenses, gains (if any) and the associated taxes from these transactions vary significantly and are unique to each transaction. Developer of data security services that provide visibility and control over high-value business data across critical systems within the data center. The foregoing information represents the company’s outlook only as of the date of this press release, and Imperva undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, new developments or otherwise. The findings revealed bad bot traffic has increased compared to previous years, comprising almost one quarter (24.1%) of all website traffic and most heavily impacting the financial services industry. ", Experts Insight On Hackers Exploiting The Windows Finger Feature, "There are however different projects being developed that combine scripts, libraries and binaries to help detect and block such attacks. When planning, forecasting and analyzing future periods, Imperva does so primarily on a non-GAAP basis without preparing a GAAP analysis as that would require estimates for items such as stock-based compensation, acquisition- and disposition-related expenses and restructuring costs, which are inherently difficult to predict with reasonable accuracy. ", Experts Reaction On New Chrome Update To Boost Password Security, "While the malware strains might slightly vary, and I’m sure more will be exposed. Copyright © 2020 ISBuzz Pty Ltd is a company registered in Australia with company number 605 203 772 whose registered office is 14 Alanvale Street, Harrison, ACT 2914. ", "The first UK/global Pfizer vaccine dose was given to 90-year-old Margaret Keenan. In addition, for purposes of setting annual guidance, it would be difficult to quantify stock-based compensation expense for the year with reasonable accuracy in the current quarter. (1) Stock-based compensation expense as included in above: (2) Non-routine consulting related to our restructuring and strategy as included in above: (3) Acquisition related expense as included in above: Provision for income taxes on sales of business, Prepaid expenses and other current assets, Other assets including non-current deferred costs, TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY. Do the … REDWOOD SHORES, Calif.–(BUSINESS WIRE)–Jul. Imperva Announces Second Quarter 2018 Financial Results. “Bad bots are trying to improve their image and appear legitimate,” Imperva says in its seventh annual report. Imperva considers free cash flow to be a profitability and liquidity measure that provides useful information to management and investors about the amount of cash generated by the business after necessary capital expenditures. Key Findings from the 2020 Bad Bot Report: Bad bot traffic rises to highest levels ever. Financial services industry hit hardest by bad bots, making up almost half of overall website traffic; Russia origin of most blocked attacks. Balance as at January 1, 2018 . They enable high-speed abuse, misuse, and attacks on websites, mobile apps, and APIs. “We made great progress this quarter in executing on our strategy. Imperva, Inc., today released its annual report titled: “2020 Bad Bot Report: The Bad Bots Strike Back.”The report investigates the automation that wreaks havoc on websites and mobile apps. Imperva believes that these non-GAAP financial measures, when taken together with the corresponding GAAP financial measures, provide meaningful supplemental information regarding the performance of Imperva by excluding certain items that may not be indicative of the company’s core business, operating results or future outlook. The report is based on 2019 data collected from Imperva’s global network including hundreds of billions of bad bot requests anonymized across thousands of domains. Produced by the Imperva Research Labs, a premier research organisation for security analysis, vulnerability discovery, and compliance expertise, the 2020 Bad Bot Report underscores the increasing pervasiveness of bad bots, revealing that no industry is safe from malicious bot activity. ", Multiple Backdoors And Vulnerabilities Discovered In FiberHome Routers, "Claiming responsibility can also add weight to further attacks when potential victims research the possible outcome. B2C Retail Benchmark Report, Q1 2020 Ecommerce. Imperva excludes stock-based compensation expense from its non-GAAP financial measures primarily because it does not consider such expense as part of its ongoing operating results when assessing the performance of its business, and the exclusion of the expense facilitates the comparison of current period results with results from prior periods. As a result we also delivered solid cash flow generation in the quarter.”. Imperva incurred legal, accounting, advisory and other transaction-related expense in connection with these transactions and excluded the associated acquisition and disposition-related expenses from its non-GAAP financial measures because they are not representative of ongoing operating costs. Implementation Of The MITRE ATT&CK Framework. You can obtain copies of the company’s SEC filings on the SEC’s website at www.sec.gov. Database Security. Non-GAAP net loss was $(9.0) million, or $(0.26) per share based on 34.8 million weighted average diluted shares outstanding. ", "It is very important that public institutions have a good breadth and depth of security to defend against these types of attacks. Our FlexProtect hybrid licensing program saw greater customer adoption, and Imperva remains well positioned to help customers with our hybrid capabilities as they transition from on-premise to the cloud,” stated Chris Hylen, President and Chief Executive Officer of Imperva. For a description of these items, including the reasons why management adjusts for them, and reconciliations of historical non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the section of the accompanying tables titled “Use of Non-GAAP Financial Information” as well as the related tables that precede it. Additionally, the team found that 47% of account takeover (ATO) attacks were aimed at loyalty programs and streaming … Imperva does not provide a reconciliation of forward-looking non-GAAP financial measures to their comparable GAAP financial measures because it could not do so without unreasonable effort due to unavailability of information needed to calculate reconciling items and due to variability, complexity and limited visibility of the adjusting items that would be excluded from the non-GAAP financial measures in future periods. ", 336% Increase In Phishing Domains Found Since First UK/global Pfizer Vaccine Dose, "Recruiters may want to request CVs are attached as PDFs as they are not required to be edited. Investors should consider important risk factors, which include: demand for the company’s cyber security solutions may not increase or may decrease, including as a result of global macroeconomic conditions and other economic conditions that may reduce enterprise software or security spending generally or customer perceptions about the necessity or reliability of solutions such as ours; the company’s sales expectations for its FlexProtect hybrid licensing program and for sales to large customers may not materialize in a particular quarter or at all; the company may not timely introduce new products or services or versions of its products or services and such products or services may not be accepted by the market or may have defects, errors, outages or failures; the company may not be unable to successfully integrate Prevoty; the company may have difficulty retaining key employees of Prevoty; the risk that our development and integration expenses are greater than we anticipate; customers may not accept, or may not demand, the capabilities of the combined companies to the degree that Imperva anticipates; competitors may be perceived by customers to offer greater value or to be better positioned to help handle cyber security threats and protect their businesses from major risk; existing customers may focus their additional cyber security spending on other technologies or addressing other risks; the company’s growth may be lower than anticipated; the markets that the company addresses may not grow as anticipated; the company may not be able to achieve the anticipated operational efficiencies and other benefits of the restructuring initiative; and other risks detailed under the caption “Risk Factors” in the company’s Form 10-Q filed with the Securities and Exchange Commission, or the SEC, on May 9, 2018 and the company’s other SEC filings. FY, 2016. Business Segment. Vulnerabilities in the Next Generation of 5G Could Allow Attackers... More Than 45 Million Medical Images Openly Accessible Online. 500,067 - 5,293 - $ 5,293 . Imperva® (NASDAQ: IMPV) is a leading provider of cyber security solutions that protect business-critical data and applications. Imperva told customers Tuesday that a recent data breach revealed email addresses, hashed passwords, API keys and SSL certificates for some Web Application Firewall (WAF) users. Because the restructuring plans were incremental to the operating activities of Imperva’s core business, Imperva has excluded the expense associated with the restructuring from its non-GAAP financial measures to facilitate the comparison of current period results with the results from prior periods. Geographic Segment. Jul 26,2018: Imperva reports Q2 2018 results Apr 26,2018: Imperva releases Q1 2018 financial results Apr 11,2018: Imperva Appoints David Woodcock to Lead Worldwide Sales Feb 22,2018: Imperva Announces Transition of Its Chairman of the Board Imperva believes that such an approach is useful in understanding the long-term return provided by an acquisition and that investors benefit from a supplemental non-GAAP financial measure that excludes the accounting expense associated with acquired intangible assets. Imperva continues to invest in building world-class hybrid cloud experiences. 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