For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Intapp (INTA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question. Intapp is a member of our Computer and Technology ...

PALO ALTO, Calif., Sept. 10, 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 it has partnered with private market intelligence provider Gain.pro to enhance the dealmaking process. The new partnership allows Intapp DealCloud clients with a Gain.pro subscription to access Gain.pro's private market intelligence directly from the DealCloud platform. Enabling professionals to vi ...

Intapp, Inc. (INTA) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, INTA's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross." Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the 200-day ...

Have you been paying attention to shares of Intapp (INTA) ? Shares have been on the move with the stock up 27.8% over the past month. The stock hit a new 52-week high of $45.81 in the previous session. Intapp has gained 20.5% since the start of the year compared to the 21.1% move for the Zacks Computer and Technology sector and the 14.2% return for the Zacks Internet - Software industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our e ...

PALO ALTO, Calif., Aug. 28, 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 NORD Holding has selected Intapp DealCloud to modernize its investor relations (IR) and fundraising functions. Intapp NORD Holding Ali Robinson David van de Fliert Global Media Relations Director, Intapp Manager Investor Relations ali.robinson@intapp.com vandefliert@nordholding.de +49 151 12 22 47 0 ...

Client Growth and Market Presence - As of June 30, 2024, the company had over 2,550 clients, with a 38% increase in clients with contracts greater than $1 million in annual recurring revenues (ARR), rising from 53 to 73 clients[8] - Intapp serves over 2,550 clients, including 95 of the Am Law 100 law firms and 15 of the top 20 accounting firms, with no single client representing more than 10% of total revenues in fiscal year 2024[26] - The company is expanding its client base by targeting underserved markets and investing in sales and marketing efforts[25] - The company serves over 2,550 clients across more than 55 countries, indicating a broad international presence[66] Product and Technology Development - The company’s AI-powered solutions are designed to enhance operational efficiency and client relationships, enabling firms to increase client fees and investment returns[9] - The company’s applied AI capabilities have been developed over more than 10 years, focusing on automation, machine learning, and generative AI to optimize critical processes[18] - The company’s solutions include Intapp DealCloud, which enhances client relationship management and deal processes, driving higher success fees and investment returns[10] - The company’s collaboration solutions leverage Microsoft 365 and AI to improve client experiences and operational efficiency[10] - The company’s focus on industry-specific software and AI technology positions it to meet the unique needs of professional and financial services firms[8] - Intapp's Applied AI strategy enhances its cloud offerings, helping clients address unique business challenges through advanced AI capabilities[23] - The company is expanding its SaaS solutions to incorporate recent innovations in AI, which may present risks if these initiatives do not succeed[41] Financial Performance and Growth - Total revenues for the year ended June 30, 2024, were $430,523,000, representing a 22.7% increase from $350,873,000 in the previous year[226] - SaaS and support revenues reached $315,960,000, up from $252,310,000, indicating a growth of 25.3% year-over-year[226] - The company reported a net loss of $32,021,000 for the year ended June 30, 2024, an improvement from a net loss of $69,425,000 in the prior year[228] - Gross profit for the year was $306,862,000, compared to $239,411,000 in the previous year, reflecting a gross margin increase[226] - Research and development expenses increased to $113,634,000, up from $93,851,000, marking a 21.1% rise year-over-year[226] - The company has incurred net losses in fiscal years 2024, 2023, and 2022, indicating a need to generate higher revenue levels to achieve profitability[45] Compliance and Regulatory Challenges - The company is investing in compliance efforts for GDPR and CCPA, which may incur substantial costs and require modifications to data processing practices[36] - The company is subject to various laws and regulations regarding data protection and privacy, which are evolving and may impose additional compliance burdens[36] - The company faces evolving cybersecurity regulations and compliance requirements, which may increase operational costs[51] - The company is subject to stringent data protection laws, such as GDPR, which can impose fines up to 4% of worldwide revenues or €20 million for breaches[74] Risks and Market Conditions - A significant portion of the company's sales is derived from clients in the professional and financial services industry, which is subject to economic downturns and regulatory changes that could adversely affect demand for its solutions[46] - The company is experiencing seasonality in billings, with a higher percentage of billings typically recorded in the fourth quarter compared to other quarters[37] - The company faces risks related to lengthy and variable sales cycles, which could impact revenue generation[41] - The company’s financial performance could be adversely affected by significant economic and market downturns, including those related to geopolitical events and inflation[48] - The company anticipates increased competition as clients move more data and computational needs to the cloud[62] Acquisitions and Strategic Growth - The company completed two acquisitions in fiscal year 2024: delphai GmbH, which applies AI to public data, and TDI, enhancing its technology capabilities[25] - The company expects to continue growth through targeted acquisitions, including the acquisition of delphai and TDI in fiscal year 2024[63] - The company may continue to expand through acquisitions or partnerships, which could divert management's attention and introduce integration challenges[41] Operational and Financial Management - The company has a strong focus on research and development, with teams located in multiple countries, including the U.S., U.K., Germany, and Northern Ireland[31] - The company has significant U.S. federal and state net operating loss (NOL) carryforwards, which may be limited by ownership changes or changes in tax laws[95] - The company has cash and cash equivalents of $208.4 million as of June 30, 2024, held with multiple high credit quality financial institutions[205] - The company has not experienced any material losses related to non-payment of receivables from clients during fiscal years 2024, 2023, and 2022[203] Client Satisfaction and Implementation Challenges - The company faces challenges in delivering high-quality implementation and technical support services, which are critical for client retention and revenue growth[72] - Client dissatisfaction with implementation services can lead to revenue and profitability declines, potentially harming the company's financial position[72] - The complexity of implementing solutions can lead to unexpected delays and increased costs for clients, impacting overall satisfaction and retention[72] - The company’s reputation is heavily reliant on successful client implementations and the resolution of post-implementation issues[73]

Intapp (INTA) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this software developer is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...

There's nothing like a double beat on quarterly earnings to attract the right kind of attention from investors. Intapp (INTA 1.24%) isn't one of the larger or more prominent fintech stocks on the scene, but it's sure proving to be popular with investors lately. On the back of a solid earnings report published early in the week, market players have charged into the company. According to data compiled by S&P Global Market Intelligence, Intapp was up by nearly 23% week to date as of Friday before market open. ...

Financial Data and Key Metrics Changes - Cloud ARR grew 33% year-over-year to $297 million, representing 73% of total ARR of $404 million [5][24] - Total revenue for Q4 was $114 million, up 21% year-over-year, with SaaS and support revenue of $85 million, up 25% year-over-year [5][19] - Non-GAAP gross margin for Q4 was 76.1%, compared to 69.9% in the prior year [23] - Non-GAAP diluted EPS was $0.15 for Q4, compared to $0.04 in the prior year [23] Business Line Data and Key Metrics Changes - SaaS revenue for Q4 was $70.8 million, up 31% year-over-year, driven by new client acquisitions and contract expansions [20] - Professional services revenue was $13.3 million, marking a 9% year-over-year decrease, reflecting a strategy to focus on customer satisfaction [21] - Total remaining performance obligations were $566.5 million, up 40% year-over-year [24] Market Data and Key Metrics Changes - International operations accounted for approximately 34% of total revenue for fiscal Q4 [21] - The company ended the year serving over 2,550 premier firms across target verticals [14] Company Strategy and Development Direction - The company is focused on expanding its vertical SaaS platform and applied AI strategy, with significant growth in cloud ARR and new product offerings [4][18] - Strategic partnerships, particularly with Microsoft, are enhancing the company's growth and market presence [11][12] - The company is investing in product development and go-to-market strategies to support growth and operational efficiency [19][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for fiscal year 2025, citing a strong foundation for sustained growth and execution in a large addressable market [5][18] - The demand for digitalization in the financial services sector is expected to continue, providing opportunities for growth [36] Other Important Information - The company added five new partnerships in Q4, bringing the total to 130 data technology and services partners [13][22] - The company has made significant progress in its AI strategy, with new offerings contributing to client engagement and satisfaction [41][62] Q&A Session Summary Question: Can you elaborate on the professional services work being done by KPMG? - Management noted that while professional services are growing, they are doing so at a slower pace intentionally, leveraging partnerships like KPMG to meet client demands [29] Question: What is driving the increase in SaaS share within the SaaS and Support line? - Management indicated that the increase is purposeful, with a long-term goal of over 90% of revenue being SaaS-oriented [32] Question: How is the demand environment for professional and financial services expected to evolve? - Management highlighted strong underlying demand for digitalization in the financial services sector, which is expected to continue into 2025 [36] Question: What is the expected contribution from AI offerings in fiscal 2025? - Management stated that minimal contribution is expected from AI offerings in the upcoming fiscal year, as they are still in early stages [44][45] Question: How is the company planning to leverage its partner ecosystem? - Management emphasized a client-driven approach, focusing on creating meaningful business value through partnerships [64]

For the quarter ended June 2024, Intapp (INTA) reported revenue of $114.38 million, up 20.9% over the same period last year. EPS came in at $0.15, compared to $0.04 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $111.54 million, representing a surprise of +2.54%. The company delivered an EPS surprise of +25.00%, with the consensus EPS estimate being $0.12. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...