Intapp Q3 2024 Adj EPS $0.14 Beats $0.07 Estimate, Sales $110.600M Beat $108.229M Estimate
Portfolio Pulse from Benzinga Newsdesk
Intapp (NASDAQ:INTA) reported Q3 2024 adjusted EPS of $0.14, doubling the consensus estimate of $0.07. Sales reached $110.6M, surpassing the $108.229M estimate and marking a 20.19% increase from the previous year.
May 07, 2024 | 8:06 pm
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Intapp reported a significant beat on both EPS and sales for Q3 2024, with EPS at $0.14 vs. a $0.07 estimate and sales of $110.6M vs. $108.229M estimates.
Intapp's significant beat on both earnings per share and sales estimates for Q3 2024 indicates strong financial performance and operational efficiency. This outperformance, especially the doubling of the EPS estimate and a notable year-over-year sales growth of over 20%, is likely to positively influence investor sentiment and could lead to a short-term uptick in INTA's stock price. The company's ability to exceed analyst expectations by a substantial margin may also lead to upward revisions in future earnings forecasts and potentially attract more investors.
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