Welcome to our dedicated page for Intapp news (Ticker: INTA), a resource for investors and traders seeking the latest updates and insights on Intapp stock.
Intapp, Inc. (symbol: INTA) stands as a leading provider of industry-specific, cloud-based software solutions dedicated to professional and financial services sectors. Headquartered in Silicon Valley, with operations in New York, Atlanta, London, and Sydney, Intapp empowers firms in legal, accounting, consulting, private capital, and investment banking sectors with advanced technology to meet their evolving client, investor, and regulatory needs.
Intapp's software suite focuses on three core practice areas—revenue, risk, and integration—to help firms streamline operations and align business strategies effectively. Their products, known for excellence in categories such as time entry, application integration, information security, new business intake, and conflicts management, are utilized by over 570 customers, including 92% of the Am Law 100 and 84% of the Global 200 law firms.
The recent achievements of Intapp include the launch of new AI capabilities under their “Intelligence Applied” strategy. This initiative includes products like Intapp Assist for DealCloud and Intapp Data, which leverage generative AI to automate manual tasks, enhance data analysis, and improve decision-making processes across firms.
Intapp is also in the process of acquiring delphai, an AI software company renowned for its expertise in creating structured firmographic data from public sources. This acquisition aims to bolster Intapp’s AI and data strategies, offering next-gen data exploration and connectivity capabilities to their clients.
Intapp has a strong financial standing, predominantly deriving revenue from the United States while also expanding its global presence. Their commitment to innovation and client success is evident in their continuous efforts to integrate AI into their solutions, ensuring that firms meet their regulatory and ethical obligations while enhancing productivity and competitive advantage.
Intapp (NASDAQ: INTA) has formed a global partnership with QorusDocs to enhance proposal management for law firms. This collaboration will integrate Intapp's OnePlace Marketing & Business Development with QorusDocs, facilitating the creation of professional proposals and RFP responses. The integration utilizes AI and natural language processing to source data and generate visually appealing reports, aiming to help firms improve proposal quality and win rates. This partnership responds to increased competition in the legal sector, emphasizing the importance of knowledge management tools.
Intapp, Inc. (NASDAQ: INTA) reported strong second-quarter results for fiscal 2022, with total revenue of $64.7 million, up 30% year-over-year, and SaaS revenue of $47.0 million, up 36%. The company achieved a 52% increase in annual recurring revenue (ARR), totaling $135.3 million. Despite revenue growth, GAAP net loss expanded to $24.2 million due to increased stock compensation expenses. The third-quarter outlook estimates SaaS revenue of $47.0 - $48.0 million and total revenue of $65.0 - $66.0 million, along with a non-GAAP net loss per share of $0.09 - $0.11.
Intapp has appointed Beverly R. Allen to its Board of Directors, enhancing its leadership with substantial experience in privacy and compliance. Allen, currently General Counsel and Chief Compliance Officer at Inovalon, brings expertise in managing legal strategies and regulatory compliance within cloud-based platforms. Her background includes leadership roles in healthcare and government, focusing on compliance and risk management. This strategic addition aims to accelerate Intapp's cloud adoption and strengthen its position in the professional and financial services sector.
Intapp, Inc. (Nasdaq: INTA) will announce its fiscal Q2 2022 financial results on February 9, 2022, after market close. A webcast at 5 p.m. ET will follow, allowing management to discuss the company's financial performance and business developments. Intapp provides cloud-based software solutions tailored to the professional and financial services sectors, serving over 2,000 firms globally. These solutions enhance connectivity among people, processes, and data to improve efficiency and compliance in operations.
Intapp, a provider of cloud-based software solutions for professional services, will present at the Raymond James 2021 Technology Investors Conference on December 6, 2021, at 12:10 PM PT. The event will be accessible via a live webcast on the company’s Investor Relations website. Intapp serves over 1,950 firms in the finance and legal sectors, enhancing their operations, compliance, and data connectivity. This presentation is part of a strategic outreach to engage investors and showcase Intapp's solutions.
Intapp, Inc. (NASDAQ: INTA) reported its Q1 FY2022 results, highlighting total revenue of $62.2 million, a 29% year-over-year increase. SaaS and support revenue reached $43.5 million, up 31%. Cloud annual recurring revenue (ARR) surged to $125.3 million, marking a 56% year-over-year growth. However, GAAP operating loss widened to $23.6 million from $4.3 million a year prior. The company also paid off $278 million in debt using IPO proceeds, serving over 1,950 clients. Guidance for Q2 suggests revenue of $58-$59 million, with a non-GAAP net loss per share of $0.07-$0.09.
Intapp, Inc. (Nasdaq: INTA) will report its fiscal first quarter 2022 financial results on November 10, 2021, after market close. A live webcast to discuss these results will be hosted by management at 5 p.m. ET on the same day. Interested parties can access the webcast via Intapp's investor relations website. Additionally, a partial early release of common stock held by employees and directors is set for November 12, 2021, with remaining shares under lock-up restrictions.
Intapp, Inc. (NASDAQ: INTA) reported strong financial results for Q4 and full-year fiscal 2021. Q4 total revenue hit $61.3 million, a 29% year-over-year increase, with SaaS and support revenue at $39.4 million (up 26%). The cloud ARR of $109.7 million represented a 48% increase year-over-year, making up 52% of total ARR. However, the company faced a GAAP net loss of $19.9 million for Q4, and full-year GAAP net loss rose to $62.3 million. Intapp anticipates SaaS and support revenue between $40.5 million and $41.5 million for Q1 FY2022.
Intapp, Inc. (Nasdaq: INTA) will report its fiscal fourth quarter and year-end 2021 financial results on September 8, 2021, after market close. A webcast to discuss these results is scheduled for 5 p.m. ET on the same day. Additionally, an early release of 20% of common stock held by employees (excluding executives) will occur on September 10, 2021, following the results announcement. Intapp provides cloud software solutions tailored for professional and financial services, helping over 1,600 firms enhance operations and compliance.
Intapp, a provider of cloud-based software solutions for professional and financial services, has priced its initial public offering (IPO) of 10,500,000 shares at $26.00 each. The underwriters also have a 30-day option to buy up to an additional 1,575,000 shares at the same price. Trading on the Nasdaq under the symbol 'INTA' is set to begin on June 30, 2021, with the offering closing on July 2, 2021, pending customary conditions. J.P. Morgan, BofA Securities, and Credit Suisse are the lead managers for this offering.
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