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, Inc. (Nasdaq: INTA) will announce its fiscal third quarter 2022 financial results on May 11, 2022, following the market close. A webcast to discuss the results is scheduled for 5 p.m. ET on the same day. Interested parties can join the live webcast or access a replay for 90 days via the company’s Investor Relations website. Intapp specializes in cloud software solutions for the professional and financial services sectors, aiding over 2,000 firms in improving business outcomes and risk management.
Intapp (NASDAQ: INTA) announces a strategic alliance with KPMG, enhancing cloud-based solutions for professional services. This collaboration targets private capital, investment banking, legal, and consulting firms, leveraging KPMG's expertise in technology and compliance. Key benefits include:
- Trusted cloud transformation with holistic solutions.
- Intelligent solutions for modern professionals.
- Continuous innovation through ongoing collaboration.
This alliance aims to promote seamless digital transformation across client operations.
Intapp (NASDAQ: INTA) has announced that Nordic law firm Hannes Snellman will implement OnePlace Risk & Compliance to enhance its risk management and compliance capabilities.
This suite aims to streamline processes associated with new business acceptance and improve client lifecycle management. By leveraging applied AI and predictive risk scoring, the solution seeks to accelerate client onboarding and ensure compliance with regulatory standards. The collaboration is expected to facilitate faster client service and enhance risk evaluation.
Intapp (NASDAQ: INTA) has partnered with Women’s World Banking Asset Management (WAM) to enhance their pipeline and portfolio management using DealCloud. This collaboration aims to improve the tracking of investments focused on women, supporting the gender gap in financial inclusion. WAM targets financial institutions catering to low-income women, propelling gender diversity and innovative solutions. The centralized data solution by DealCloud will streamline operations for WAM, enabling efficient management and communication.
Intapp (NASDAQ: INTA) announced its participation in the Raymond James Institutional Investors Conference on March 8, 2022, at 11:00 AM ET. The conference will feature a presentation by senior management discussing the company's cloud-based software solutions tailored for the professional and financial services industry.
Intapp serves over 2,000 premier firms globally, including those in private capital, investment banking, and legal sectors, addressing their unique operational challenges and regulatory needs.
Intapp (NASDAQ: INTA) has entered a strategic partnership with Microsoft to enhance cloud adoption in private capital, investment banking, legal, accounting, and consulting firms. This collaboration will leverage Microsoft Azure to offer connected firm and deal management solutions, integrating Microsoft 365 tools with Intapp's applications. Key benefits include end-to-end industry clouds, enhanced operational efficiency, product interoperability, and support for cloud migrations. The partnership aims to modernize operations and improve outcomes for investors and clients within regulated sectors.
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.
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