Intapp, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 07, 2024 at 09:05 pm
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Intapp, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported revenue was USD 110.64 million compared to USD 92.02 million a year ago. Net loss was USD 6.89 million compared to USD 18.15 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.28 a year ago.
For the nine months, revenue was USD 316.15 million compared to USD 256.25 million a year ago. Net loss was USD 31.42 million compared to USD 57.96 million a year ago. Basic loss per share from continuing operations was USD 0.44 compared to USD 0.91 a year ago.
Intapp, Inc. is a cloud-based software solutions company. The Company provides cloud software solutions to professional and financial services industry including private capital, investment banking, legal, accounting, and consulting firms. Its Intapp Platform is purpose-built to modernize these firms. The platform facilitates greater team collaboration, digitizes complex workflows to optimize deal and engagement execution, and leverages artificial intelligence (AI) to help nurture relationships and originate new business. The Company products and solutions include DealCloud, risk and compliance management solutions, operational and financial management solutions, collaboration solutions and integration solutions. Its DealCloud is a deal and relationship management solution for financial services firms. The Intapp platform allows firms to manage their risk and compliance challenges, such as conflicts and independence, ethical walls, and employee compliance.