Stock Track | Intapp Soars 6% in Pre-Market on Stellar Q1 Earnings and Raised Outlook

Stock Track
2024-11-05

Shares of Intapp, Inc. (INTA) skyrocketed nearly 6% in pre-market trading on Monday, following the company's impressive first-quarter fiscal 2025 earnings report and raised full-year guidance. The legal software provider's strong performance, coupled with an optimistic outlook, has fueled investor enthusiasm and driven the stock's pre-market surge.

Intapp reported a 17% year-over-year increase in revenue to $118.8 million for the quarter ended September 30, exceeding analysts' expectations of $117.8 million. The company's non-GAAP earnings per share of $0.21 also surpassed the consensus estimate of $0.13, marking a significant improvement from the $0.06 reported in the same period last year.

The company's robust results were driven by the remarkable growth of its cloud and software-as-a-service (SaaS) offerings. Intapp's cloud annual recurring revenue (ARR) soared 27% year-over-year to $309 million, while SaaS revenue climbed 30% to $77 million. These figures underscore the company's successful transition to a cloud-based business model and the increasing demand for its innovative solutions.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10