Intapp(INTA)

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Intapp(INTA) - 2024 Q4 - Annual Report
2024-08-26 20:51
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 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 jurisdict ...
Earnings Estimates Moving Higher for Intapp (INTA): Time to Buy?
ZACKS· 2024-08-21 17:21
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 ...
Why Intapp Stock Was Surging This Week
The Motley Fool· 2024-08-16 13:49
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. ...
Intapp(INTA) - 2024 Q4 - Earnings Call Transcript
2024-08-14 00:59
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]
Intapp (INTA) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-13 23:00
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 ...
Intapp (INTA) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2024-08-13 22:20
Intapp (INTA) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this software developer would post earnings of $0.07 per share when it actually produced earnings of $0.14, delivering a surprise of 100%. Over the last four quarters, the company ha ...
Intapp(INTA) - 2024 Q4 - Annual Results
2024-08-13 20:10
Exhibit 99.1 Intapp Announces Fourth Quarter and Fiscal Year 2024 Financial Results • Fourth quarter SaaS and support revenue of $85.0 million, up 25% year-over-year • Fourth quarter total revenue of $114.4 million, up 21% year-over-year • Cloud annual recurring revenue (ARR) of $296.7 million, up 33% year-over-year PALO ALTO, Calif., August 13, 2024 – Intapp, Inc. (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, announced fin ...
Intapp Announces Fourth Quarter and Fiscal Year 2024 Financial Results
GlobeNewswire News Room· 2024-08-13 20:05
Fourth quarter SaaS and support revenue of $85.0 million, up 25% year-over-year Fourth quarter total revenue of $114.4 million, up 21% year-over-year Cloud annual recurring revenue (ARR) of $296.7 million, up 33% year-over-year PALO ALTO, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) -- 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 fourth quarter and fiscal year ended June 30, 2024. ...
Intapp Assist generative AI feature now available for Intapp Terms
GlobeNewswire News Room· 2024-08-12 13:00
PALO ALTO, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals in advisory, legal, and capital markets firms, today announced the general availability of Intapp Assist for Terms. A new Intapp Assist generative AI feature, Ask Intapp, reduces barriers to complying with client contractual obligations by giving professionals immediate answers to their questions within Microsoft Teams. Intapp Assist for Terms applies generative AI ...
Unveiling Intapp (INTA) Q4 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-08-08 14:15
Analysts on Wall Street project that Intapp (INTA) will announce quarterly earnings of $0.12 per share in its forthcoming report, representing an increase of 200% year over year. Revenues are projected to reach $111.54 million, increasing 17.9% from the same quarter last year. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period ...