Imperva Inc. (IMPV) reported a third quarter non-GAAP loss of $0.10 per share Friday morning, compared to the loss of $0.01 per share in the prior year period. Analysts expected a loss of $0.29 per share. The company expects to report a fourth quarter non-GAAP loss of $0.07 to $0.02 per share and a loss between $0.77 and $0.72 per share for the full year. The consensus estimates are for losses of $0.07 and $0.96 per share.
Imperva gapped open sharply higher Friday and posted gains in early trade, before settling into a range. The stock ended the day higher by 8.49 at $40.97 on strong volume. Imperva jumped to a 6 1/2 month high and re-crossed its 200-day moving average.
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