Recap: Intapp Q1 Earnings
Portfolio Pulse from Benzinga Insights
Intapp (NASDAQ:INTA) reported Q1 earnings, beating estimates by 100.0% with an EPS of $0.06 against an estimate of $0.03. Revenue was up $22.04 million from the same period last year. Last quarter, the company also beat EPS estimates but this was followed by a 4.46% drop in the share price.
November 07, 2023 | 9:40 pm
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NEUTRAL IMPACT
Intapp's Q1 earnings beat estimates, which could potentially boost investor confidence. However, past performance shows a share price drop following a beat on EPS.
Intapp's earnings beat could be seen as a positive sign by investors, potentially leading to a short-term increase in the stock price. However, the company's past performance shows a drop in share price following a beat on EPS, which could temper investor enthusiasm and result in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100