goals2009_8k.htm
United
States
Securities
and Exchange Commission
Washington,
DC 20549
Form
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event
reported) January 6, 2009
PERFICIENT,
INC.
(Exact
Name of Registrant as Specified in its Charter)
|
Delaware
|
001-15169
|
74-2853258
|
|
(State
or Other Jurisdiction of Incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
|
1120
South Capital of Texas Highway, Suite 220, Building 3, Austin,
Texas
|
78746
|
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant's telephone number,
including area code (512)
531-6000
|
Not
Applicable
|
|
(Former
Name or Former Address, if Changed Since Last
Report)
|
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
ITEM
7.01 REGULATION FD DISCLOSURE
At
presentations and meetings on January 6, 2009, John McDonald, the Company’s
Chairman of the Board and Chief Executive Officer, will make reference
to certain 2009 financial goals. Mr. McDonald will indicate a
total revenues goal for 2009 of $180 million to $200 million. Mr.
McDonald will also reference non-GAAP net income per share goals for
2009. The following provides a reconciliation of the non-GAAP net
income per share goals for 2009 to GAAP net income per share goals for
2009.
|
|
|
Full
Year 2009 –
Low
end of goal
|
|
|
|
Full
Year 2009 –
High
end of goal
|
|
|
|
Full
Year 2009 GAAP Net Income Per Share
|
|
$ |
0.11 |
|
|
|
$ |
0.21 |
|
|
|
Impact
of Non-GAAP Items
|
|
|
0.34 |
|
(a)
|
|
|
0.34 |
|
(a)
|
|
Full
Year 2009 Non-GAAP Net Income Per Share
|
|
$ |
0.45 |
|
|
|
$ |
0.55 |
|
|
(a)
Non-GAAP items represent the impact of non-cash amortization expense and
non-cash stock compensation, net of the related taxes, divided by fully diluted
shares outstanding. This excludes any potential impact that could
result from the Company’s annual impairment testing.
Safe
Harbor Statement
The
financial goals for 2009 outlined above are estimates of future company
performance and are forward-looking statements within the meaning of the
securities laws. These forward-looking statements are subject to risk
and uncertainties and are based on management's current expectations and are
subject to certain risks and uncertainties that could cause actual results to
differ materially from management's current expectations and the forward-looking
statements made in this report. These risks and uncertainties
include, but not limited to, the impact of competitive services, demand for
services like those provided by the company and market acceptance risks,
fluctuations in operating results, cyclical market pressures on the technology
industry, the ability to manage strains associated with the company's growth,
credit risks associated with the company's accounts receivable, the company's
ability to continue to attract and retain high quality employees, accurately set
fees for and timely complete its current and future client projects, the
company’s ability to identify, compete for and complete strategic acquisition
and partnership opportunities, and other risks detailed from time to time in the
company's filings with Securities and Exchange Commission, including the most
recent Form 10-K and Forms 10-Q.
In
accordance with general instruction B.2 of Form 8-K, the information in this
report furnished pursuant to Item 7.01 shall not be deemed to be “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
|
PERFICIENT,
INC.
|
|
|
|
|
|
Date:
January 6, 2009
|
By:
|
/s/ Paul E. Martin
|
|
|
|
Paul
E. Martin
|
|
|
|
Chief
Financial Officer
|