Imprivata Announces First Quarter 2016 Financial Results, Revenue Growth of 23%

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Leerink Partners Raises Price Target on Imprivata (IMPR) to $16 Following 1Q Beat and Raise

May 4, 2016 7:54 AM EDT

Leerink Partners reiterated an Outperform rating on Imprivata (NYSE: IMPR), and raised the price target to $16.00 (from $13.00), following the company's 1Q earnings report. Revenue of $31.5m for the quarter came in above guidance of $28.5-30m. Management guided 2Q to $33.3m at the... More

Imprivata (IMPR) Tops Q1 EPS by 4c

May 3, 2016 5:28 PM EDT

Imprivata (NYSE: IMPR) reported Q1 EPS of ($0.27), $0.04 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $31.5 million versus the consensus estimate of $29.29 million.

GUIDANCE:

Imprivata sees FY2016 revenue of $136-140 million, versus the consensus of $138.5... More