Intapp, Inc. (NASDAQ: INTA) saw its stock price surge 22.56% in after-hours trading on Tuesday, following the release of its impressive fourth-quarter results, optimistic fiscal year 2026 outlook, and the announcement of a $150 million stock repurchase program.

The company, which provides AI-powered solutions for professionals, reported a 27% year-over-year increase in Q4 SaaS revenue, reaching $90.2 million. Intapp's cloud annual recurring revenue (ARR) also showed robust growth, climbing 29% year-over-year to $383.1 million. The company's adjusted earnings per share (EPS) for Q4 came in at $0.27, significantly beating the analyst consensus estimate of $0.23.

Adding to the positive sentiment, Intapp provided an encouraging outlook for fiscal year 2026. The company projects SaaS revenue between $411.4 million and $415.4 million, with total revenue expected to range from $566.7 million to $570.7 million. The forecast for non-GAAP diluted net income per share is between $1.09 and $1.13, surpassing the consensus estimate of $1.04. Furthermore, Intapp's board of directors authorized a $150 million stock repurchase program, signaling confidence in the company's financial position and future prospects. These factors combined to drive the significant after-hours stock price increase, as investors responded positively to Intapp's strong performance and forward-looking initiatives.