Core Insights - Intapp reported revenue of $114.38 million for the quarter ended June 2024, reflecting a year-over-year increase of 20.9% and surpassing the Zacks Consensus Estimate of $111.54 million by 2.54% [1] - The company's EPS for the quarter was $0.15, compared to $0.04 in the same quarter last year, resulting in an EPS surprise of 25.00% against the consensus estimate of $0.12 [1] Revenue Metrics - Total Annual Recurring Revenue (ARR) reached $404.20 million, exceeding the average estimate of $394.78 million from five analysts [3] - Cloud Annual Recurring Revenue (Cloud ARR) was reported at $296.70 million, surpassing the average estimate of $287.67 million from five analysts [4] - Total Recurring Revenues amounted to $101.09 million, which is higher than the average estimate of $97.43 million based on six analysts, marking a year-over-year increase of 26.4% [6] - Total Recurring Revenues from Subscription License reached $16.12 million, exceeding the average estimate of $13.29 million from six analysts, representing a year-over-year increase of 32.5% [8] - Total Recurring Revenues from SaaS and support were reported at $84.97 million, slightly above the average estimate of $84.13 million from six analysts, indicating a year-over-year increase of 25.3% [9] Client Metrics - The number of clients increased to 2,550, surpassing the average estimate of 2,489 from two analysts [5] Professional Services - Revenues from Professional Services were reported at $13.29 million, which fell short of the average estimate of $14.11 million from six analysts, reflecting a year-over-year decrease of 9.1% [7] Stock Performance - Intapp's shares have returned -7.8% over the past month, compared to a -4.8% change in the Zacks S&P 500 composite [9]
Intapp (INTA) Reports Q4 Earnings: What Key Metrics Have to Say