PALO ALTO, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, today announced that senior management will attend and present at the following upcoming investor conference: J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference                          Date: Tuesday, May 21, 2024Location: Boston, Massachusetts Presentation: 9:30am ET A live webcast of the eve ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for th ...

For the quarter ended March 2024, Intapp (INTA) reported revenue of $110.64 million, up 20.2% over the same period last year. EPS came in at $0.14, compared to $0.03 in the year-ago quarter.The reported revenue represents a surprise of +2.28% over the Zacks Consensus Estimate of $108.18 million. With the consensus EPS estimate being $0.07, the EPS surprise was +100.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Exhibit 99.1 Intapp Announces Third Quarter Fiscal Year 2024 Financial Results PALO ALTO, Calif., May 7, 2024 – Intapp, Inc. (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, announced financial results for its third quarter ended March 31, 2024. Intapp also provided its outlook for the fourth quarter and updated outlook for the full fiscal year of 2024. "We are pleased to report a strong and exciting third quarter, in which we ...

Wall Street analysts expect Intapp (INTA) to post quarterly earnings of $0.07 per share in its upcoming report, which indicates a year-over-year increase of 133.3%. Revenues are expected to be $108.18 million, up 17.6% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, it is vital to take into ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Intapp (INTA) , which belongs to the Zacks Internet - Software industry, could be a great candidate to consider.When looking at the last two reports, this software developer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 91.67%, on average, in the last two quarters.For the last reported quarter, Intap ...

J Studios Summary Following my coverage on Intapp (NASDAQ:INTA), for which I recommended a hold rating (in Jun’23) as valuation has become too expensive (8x forward revenue at the time of writing), this post is to provide an update on my thoughts on the business and stock. While I did not downgrade to a sell rating, I believe shifting away from a buy rating was the right decision as valuation continued to trend down as share price fell from $48 (previous update time of writing) to $31 (near my original ...

PALO ALTO, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Knowledge workers across accounting, consulting, private capital, and law are eager to leverage AI technology to automate manual tasks, work more efficiently, and derive greater career satisfaction. Firms have incentive to equip their professionals with the AI tools and training necessary to increase their productivity, help them achieve performance goals, and ensure their retention. These findings and more are revealed in the 2024 Technology Perceptions ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40550 Intapp, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 46-1467620 ( State or other jurisdiction ...

Financial Data and Key Metrics Changes - In Q2, the company's cloud ARR grew to $256.1 million, up 34% year-over-year, representing 70% of total ARR of $365 million [22] - SaaS and Support revenue was $77.1 million, up 25% year-over-year, while total revenue reached $103.9 million, up 23% year-over-year [22][39] - Non-GAAP gross margin improved to 73.4% compared to 71.5% in the prior year [41] - Non-GAAP operating profit was $7.6 million, up from $2.8 million in the prior year [42] - Free cash flow for Q2 was $11.8 million, or 11% of total revenue [42] - Net revenue retention rate was 115%, within the range of 113% to 117% [43] Business Line Data and Key Metrics Changes - Subscription license revenue increased by 29% year-over-year to $14.1 million, driven by multiyear on-premises renewals from large clients [39] - Professional services revenue grew modestly by 5% year-over-year to $12.7 million, reflecting a strategic shift to leverage partner networks [40] Market Data and Key Metrics Changes - International operations contributed approximately 30% of total revenue for fiscal Q2, indicating strong growth opportunities outside the U.S. [41] - The company continues to expand its client base, ending the quarter with over 2,400 clients, including 649 with ARR of at least $100,000, up from 561 in the prior year [43] Company Strategy and Development Direction - The company is focusing on embedding industry-specific AI into its platform, enhancing its solutions with automation, machine learning, and generative AI [25][27] - The upcoming Intelligence Applied Launch Day on February 22 will unveil new AI capabilities and a new brand identity [24][36] - The company aims to drive growth through its SaaS model and industry-specific cloud platform, capitalizing on AI and cloud adoption [36] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued growth opportunities, emphasizing the importance of client relationships and industry-specific solutions [36] - The company is aware of the compliance and trust concerns surrounding AI applications and is focused on addressing these issues [72][73] - The outlook for Q3 includes expected SaaS and Support revenue between $80 million and $81 million, with total revenue projected in the range of $107.5 million to $108.5 million [44] Other Important Information - The company is experiencing a shift away from professional services, focusing more on SaaS and cloud solutions [40] - The relationship with Microsoft is growing, with firms leveraging Azure commitments to purchase Intapp solutions [79] Q&A Session Summary Question: How is the company planning to monetize new AI products? - The company will introduce a mix of capabilities included in existing offerings and new premium SKUs based on advanced capabilities requested by clients [8] Question: What is the outlook for net revenue retention? - Management indicated that more details will be provided at the upcoming Investor Day, with a focus on off-prem cloud solutions [10] Question: How does the company differentiate itself in the AI market? - The company specializes in professional and financial services, embedding AI into industry-specific solutions tailored to client needs [13][14] Question: What is the impact of brand consolidation on DealCloud? - Brand consolidation has led to increased visibility and enthusiasm among clients, enhancing word-of-mouth marketing [50][61] Question: How is the company addressing seasonality in its cloud business? - Management noted that seasonality varies based on client fiscal year ends, with fluctuations expected across quarters [59] Question: What is the relationship with Microsoft and its impact on business? - The relationship is growing, with firms using Azure commitments to purchase Intapp solutions, contributing positively to business [79][80]