Imperva CEO Brags About IBM ‘Takeaways,’ Stock Up

By | August 7, 2015

Scalper1 News

Imperva (IMPV) stock flirted with a record high Friday after the cybersecurity firm late Thursday reported Q2 revenue that beat expectations, helped by IBM contract “takeaways.” In Q2, Imperva posted $53.5 million revenue, up 39% from the year-earlier quarter and outstripping the $48.4 million consensus of 19 analysts polled by Thomson Reuters. Services revenue accounted for 55% of total revenue, up from 35% in Q2 2014. The company attributed that Scalper1 News

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