Intapp shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY24 guidance above estimates. Also, the company issued Q4 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Intapp shares surged following the announcement of its Q3 financial results, which exceeded expectations. Additionally, the company provided an optimistic FY24 guidance and Q4 adjusted EPS forecast, both surpassing analyst estimates.
May 08, 2024 | 11:55 am
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POSITIVE IMPACT
Intapp's share price is expected to experience a short-term uplift following its announcement of better-than-expected Q3 results and optimistic future guidance.
The positive earnings report and future guidance above analyst expectations typically lead to increased investor confidence and demand for the stock, driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100