ET 18:05

Intapp Reports Q2 Loss, Beating Earnings Expectations: INTA

IMP8.0
SNT+1.0
CONF100%
Earnings

[Para 1: The Lead] Intapp Inc. (INTA), a software developer based in Palo Alto, California, reported a fiscal second quarter loss of $5.9 million, or 7 cents per share, beating Wall Street expectations. The company's revenue of $140.2 million surpassed forecasts, marking a strong quarter. [Para 2-3: Supporting details & Context] Adjusted for one-time gains and costs, Intapp earned 33 cents per share. Analysts had forecasted an earnings per share of 26 cents. Looking ahead, the company anticipates earnings per share of 27 cents to 29 cents for the current quarter and full-year earnings of $1.20 to $1.24 per share, with revenue projected between $415 million and $419 million. This positive outlook reflects Intapp's robust performance and market confidence in its growth trajectory.

EditorTan Wei Jie