Intapp, Inc. (INTA) experienced a significant after-hours plunge of 19.82% following the release of its second-quarter fiscal year 2026 financial results.
The sharp decline appears driven by a substantial GAAP earnings miss and cautious forward guidance. The company reported a quarterly loss of $0.07 per share, which fell well short of the analyst consensus estimate of $0.26. Furthermore, its outlook for the third quarter provided adjusted EPS guidance in the range of $0.27 to $0.29, which is below the consensus estimate of $0.31.
While the company's quarterly sales of $140.208 million beat the analyst consensus estimate of $138.179 million, the significant earnings miss and weaker-than-expected guidance for the upcoming quarter weighed heavily on investor sentiment, leading to the post-market sell-off.