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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.