Intapp shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates. Additionally, the company issued FY24 guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Intapp reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates. The company also issued FY24 guidance above estimates, leading to a rise in its share prices.
November 08, 2023 | 4:30 pm
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Intapp's better-than-expected Q1 results and higher Q2 and FY24 revenue guidance have led to a rise in its share prices.
Intapp's shares are trading higher due to the company's strong Q1 financial results and its Q2 and FY24 revenue guidance, which were above estimates. This positive financial performance and optimistic future outlook are likely to attract investors, leading to an increase in demand for the company's shares and, consequently, a rise in its share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100