Intapp Shares Surge on Strong Q4 Results and Outlook

Mark Eisenberg
Photo: Finoracle.net

Intapp's Positive Q4 Performance and 2025 Outlook

Intapp, a leading provider of cloud-based software solutions for professional and financial services firms, has witnessed a notable rise in its stock, climbing 2.9% in after-hours trading. This surge came following the announcement of their fourth-quarter results, which exceeded analysts' expectations, and a promising forecast for the upcoming fiscal year.

Q4 Earnings Surpass Expectations

In the quarter ending June 30, Intapp reported an adjusted earnings per share (EPS) of $0.15, surpassing the consensus estimate of $0.12. For those unfamiliar, EPS is a financial metric that indicates the portion of a company’s profit allocated to each outstanding share of common stock, essentially measuring profitability. Intapp also saw a 21% increase in revenue year-over-year, reaching $114.4 million, comfortably beating analysts' prediction of $111.58 million.

CEO's Remarks on Growth and AI Adoption

CEO John Hall expressed enthusiasm about the company's performance and prospects, highlighting Intapp's leadership in guiding clients to integrate Artificial Intelligence (AI) into their professional workflows. This strategic focus on AI adoption is expected to further bolster Intapp's market position.

Forecast for Fiscal 2025

For the first quarter of fiscal 2025, Intapp anticipates an adjusted EPS between $0.12 and $0.14, with revenue projected to be between $117.2 million and $118.2 million. These forecasts align well with, or even exceed, Wall Street expectations, suggesting continued investor confidence in the company's growth trajectory.

Key Financial Metrics and Growth Indicators

A crucial aspect of Intapp's revenue, its SaaS (Software as a Service) and support revenue, recorded a 25% year-over-year increase, reaching $85 million in Q4. This is part of a broader trend where cloud-based services are becoming increasingly integral to business operations across industries. Moreover, Intapp's cloud annual recurring revenue (ARR) saw a 33% surge to $296.7 million, underscoring the company's successful transition to recurring revenue models.

Strong Cash Position

Intapp's financial stability is further evidenced by its improved cash position. The company ended the quarter with $208.4 million in cash and cash equivalents, a significant rise from $130.4 million the previous year. For fiscal year 2024, cash generated from operating activities more than doubled to $67.2 million, reflecting strong operational efficiency and cash flow management.

Long-term Growth Prospects

Looking ahead to fiscal 2025, Intapp has projected a full-year adjusted EPS of $0.59 to $0.63 on anticipated revenue ranging from $493 million to $497 million. These projections not only affirm Intapp’s resilience in a competitive market but also its potential for sustained growth, driven by strategic initiatives and robust financial management.

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Mark Eisenberg is a financial analyst and writer with over 15 years of experience in the finance industry. A graduate of the Wharton School of the University of Pennsylvania, Mark specializes in investment strategies, market analysis, and personal finance. His work has been featured in prominent publications like The Wall Street Journal, Bloomberg, and Forbes. Mark’s articles are known for their in-depth research, clear presentation, and actionable insights, making them highly valuable to readers seeking reliable financial advice. He stays updated on the latest trends and developments in the financial sector, regularly attending industry conferences and seminars. With a reputation for expertise, authoritativeness, and trustworthiness, Mark Eisenberg continues to contribute high-quality content that helps individuals and businesses make informed financial decisions.​⬤