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PRFT > SEC Filings for PRFT > Form 8-K on 6-Jan-2009All Recent SEC Filings

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Form 8-K for PERFICIENT INC


6-Jan-2009

Regulation FD Disclosure


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                  Full Year
                                                  2009 -                     2009 -
                                                Low end of                High end of
                                                   goal                       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.


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