Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | ![]() Alpha Alliance: Intapp Beats Q4 Goals, Has Mixed OutlookIntapp (INTA) handily outperformed Wall Street's expectations for the fiscal fourth quarter late Wednesday, but issued a mixed prognosis for the current period. Intapp's shares dropped in extended trading.
Intapp's result represented the company's fourth consecutive quarter of non-GAAP profitability. In July 2021, the firm will go public. Intapp anticipated adjusted profits of 3 cents per share for the current quarter, just meeting expectations. Based on the midpoint of its prediction, it expects sales of $96.5 million. This surpassed Wall Street's forecast for the fiscal first quarter of $94.2 million. After the report, the stock of Intapp falls. Intapp shares declined 2% to 36.50 in after-hours trading today on the stock exchange. Shares fell 2% during the regular session on Wednesday, closing at 37.24. Based on the midpoint of its forecast, Intapp expects to earn an adjusted 22 cents per share on revenues of $421 million for the whole fiscal year ahead. In fiscal 2024, analysts predicted profits of 18 cents per share on revenues of $402 million. Intapp earned an adjusted 11 cents per share on revenues of $350.9 million in fiscal 2023, which recently ended. The prior year, the corporation lost 12 cents on $272.1 million in sales. For more latest report in Finance, you may also visit us at Alpha Alliance Capital Limited through our website https://alphaalliancecapital.com/ End
|
|