Core Insights - Intapp (INTA) reported revenue of $121.21 million for the quarter ended December 2024, marking a year-over-year increase of 16.6% and an EPS of $0.21, up from $0.11 a year ago, with a revenue surprise of +0.05% over the Zacks Consensus Estimate [1] Financial Performance - Cloud annual recurring revenue (Cloud ARR) reached $331.10 million, exceeding the average estimate of $326.20 million from four analysts [4] - Total annual recurring revenue (Total ARR) was $437.10 million, compared to the estimated $432.18 million from four analysts [4] - Total recurring revenues from SaaS and support amounted to $79.98 million, slightly below the average estimate of $80.13 million, reflecting a year-over-year change of +3.7% [4] - Professional services revenue was reported at $13.22 million, surpassing the average estimate of $13.14 million, with a year-over-year increase of +4.2% [4] - Subscription license recurring revenues totaled $28.02 million, exceeding the average estimate of $27.89 million, showing a significant year-over-year change of +98.1% [4] Profitability Metrics - Gross profit from recurring revenues in SaaS and support was $63.68 million, below the average estimate of $65.90 million [4] - Gross profit from professional services was reported at -$1.33 million, worse than the average estimate of -$0.33 million [4] - Gross profit from recurring revenues in subscription licenses was $26.39 million, also below the average estimate of $27.63 million [4] Stock Performance - Intapp shares have returned +12.6% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Intapp (INTA) Reports Q2 Earnings: What Key Metrics Have to Say