Intapp, Inc. (NASDAQ: INTA) saw its stock price surge 23.56% in after-hours trading on Tuesday, following the release of impressive fourth-quarter results, optimistic fiscal year 2026 outlook, and the announcement of a $150 million stock repurchase program.

The cloud software provider for professional and financial services firms reported a stellar performance for its fiscal fourth quarter ended June 30. Intapp's adjusted earnings per share came in at $0.27, significantly beating analyst expectations of $0.23. The company's revenue also exceeded estimates, reaching $135 million compared to the anticipated $132.1 million, marking an 18% year-over-year increase.

Key highlights of Intapp's Q4 results include a 27% year-over-year increase in SaaS revenue, which reached $90.2 million. The company's cloud annual recurring revenue (ARR) also showed robust growth, climbing 29% year-over-year to $383.1 million. These figures underscore Intapp's strong position in the cloud-based solutions market for professional services.

Adding to investor enthusiasm, 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. This positive forecast, coupled with the announcement of a $150 million stock repurchase program, signals management's confidence in Intapp's financial health and future growth prospects.

The combination of strong quarterly results, optimistic guidance, and the share buyback initiative has clearly resonated with investors, driving the significant after-hours stock price increase. As Intapp continues to innovate and expand its AI-powered solutions for the professional services sector, the market appears to be recognizing the company's potential for sustained growth and profitability.