Imprivata (IMPR) Tops Q1 EPS by 7c, Q2, FY Guidance Falls Short

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Imprivata Achieves Revenue Growth of 32% for the First Quarter of 2015 and Raises Annual Guidance

May 4, 2015 4:10 PM EDT

LEXINGTON, Mass.--(BUSINESS WIRE)-- Imprivata® (NYSE: IMPR), the healthcare IT security company, today announced financial results for the first quarter of fiscal 2015. Revenues for the first quarter of 2015 were $25.6 million, an increase of 32% from revenues of $19.4 million for the same period in 2014.

The strong business momentum we saw in 2014 continued in the first quarter and demand for our products remains strong across all geographies, said Omar Hussain, President and CEO of Imprivata. The macro driver for our business continues to be the need to improve clinician productivity and streamline workflows as providers... More