Recap: Intapp Q2 Earnings
Portfolio Pulse from Benzinga Insights
Intapp (NASDAQ:INTA) reported Q2 earnings with an EPS of $0.11, beating estimates by 120% and showing a revenue increase of $19.24 million from the previous year. This follows a pattern of exceeding EPS estimates and subsequent share price increases.
February 06, 2024 | 9:15 pm
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Intapp reported a significant beat on Q2 earnings with an EPS of $0.11, surpassing estimates by 120%, and a notable year-over-year revenue increase.
Intapp's substantial beat on earnings estimates and the reported increase in revenue suggest a strong financial performance. Historically, such positive earnings reports have led to an increase in share price the following day, as seen in the last quarter. The pattern of exceeding EPS estimates and the subsequent positive market reaction indicate a likely short-term positive impact on INTA's stock price.
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