Intapp Sees Q2 EPS $0.04-$0.06 Vs $0.04 Est.; Revenue $102.5M-$103.5M Vs $101.91M Est.; FY24 EPS $0.25-$0.29 Vs $0.23 Est.; Revenue $422.5M-$426.5M Vs $421.24M Est.
Portfolio Pulse from Benzinga Newsdesk
Intapp has released its Q2 and FY24 outlook, with Q2 EPS expected to be $0.04-$0.06 and revenue between $102.5M-$103.5M, both exceeding estimates. FY24 EPS is projected at $0.25-$0.29 and revenue at $422.5M-$426.5M, also surpassing estimates. The company warns that actual results may differ materially from these forward-looking statements.
November 08, 2023 | 1:09 am
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Intapp's Q2 and FY24 outlook exceed estimates, which could positively impact the stock price in the short term. However, the company warns that actual results may differ materially from these forward-looking statements.
Intapp's projected earnings and revenue for Q2 and FY24 are higher than estimates, which could lead to a positive market reaction and a potential increase in the stock price. However, the company's warning about the potential difference between actual results and forward-looking statements could introduce some uncertainty.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100