NASDAQ$INTA

Intapp Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Intapp's Q3 2023 financial results were announced, demonstrating strong growth in SaaS and total revenue.

Intapp reported a strong third quarter in fiscal year 2023, with significant year-over-year increases in SaaS and support revenue, total revenue, and cloud ARR. The company's financial performance reflects continued adoption of its cloud solutions within the professional and financial services industry.

  • SaaS and support revenue increased by 33% year-over-year, reaching $66.1 million.
  • Total revenue grew by 32% year-over-year, totaling $92.0 million.
  • Cloud ARR increased by 40% year-over-year, reaching $206.3 million.
  • GAAP operating loss improved to ($18.2) million, compared to ($28.7) million in the same quarter of the previous year.

Headline financials

Total Revenue

$92M

Previous: $69.7M+32.1%
EPS (adj)

$0.03

Previous: -$0.04+175.0%
Capital Expenditures

-$2.05M

Previous: -$281K-631.0%
Free Cash Flow

-$20.2M

Previous: -$29M+30.4%
Net Income

-$18.1M

Previous: -$28.7M+36.8%
Operating Income

-$18.2M

Previous: -$28.7M+36.4%
Gross Profit

$63.5M

Previous: $43.7M+45.5%
Cash & Equivalents

$53.2M

Previous: $42.7M+24.5%
Total Assets

$515M

Previous: $450M+14.6%
Stock-Based Comp

$18.8M

Previous: $22.8M-17.8%

Revenue & EPS history

Intapp · Revenue · Quarterly

$92M

Q3 2023+32.1%vs Q3 2022
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Intapp · $78.4M total across 2 segments · Q3 2023

  • SaaS
    $66.1M+32.6%
  • Professional services
    $12.4M+38.5%

Forward guidance

Intapp provided its outlook for the fourth quarter and full fiscal year of 2023.

Tailwinds

  • SaaS and support revenue (in millions): $67.0 - $68.0
  • Total revenue (in millions): $92.5 - $93.5
  • Non-GAAP operating profit (in millions): $1.5 - $2.5
  • Non-GAAP diluted net income per share: $0.00 - $0.02

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

+3.7%

Avg return

Earnings day

+5.3%

Avg return

5 days after

+6.5%

Avg return

30 days after

65%

13 / 20 earnings

Positive

+17.6%

Q4 2024

Best reaction

-25.8%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-4.7%-1.1%+1.2%
Q2 2026-25.8%-16.8%-5.1%
Q1 2026+6.1%+8.4%+16.5%
Q3 2025-6.2%-1.5%+1.8%
Q2 2025-1.2%-3.3%-16.9%
Q1 2025+2.0%+20.0%+36.5%
Q4 2024+17.6%+27.9%+35.0%
Q3 2024+12.2%+17.1%+8.7%
Q2 2024-11.8%-7.4%-19.9%
Q1 2024+14.5%+13.2%+6.0%
Q4 2023-6.3%-8.4%-4.9%
Q3 2023+16.0%+16.2%+14.4%
Q2 2023+15.8%+17.5%+43.4%
Q1 2023+7.9%+7.6%+9.3%
Q4 2020+9.5%+0.8%+21.8%
Q4 2022+16.2%+27.2%+41.4%
Q3 2022-6.7%-4.8%-22.9%
Q2 2022+6.9%+4.7%+13.0%
Q1 2022+8.3%-5.4%-16.3%
Q4 2021+3.3%-5.3%-33.4%
Q3 2021
Q2 2021
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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