Intapp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023
February 06, 2024 at 04:05 pm EST
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Intapp, Inc. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was USD 103.93 million compared to USD 84.69 million a year ago. Net loss was USD 9.21 million compared to USD 19.75 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.31 a year ago.
For the six months, revenue was USD 205.51 million compared to USD 164.23 million a year ago. Net loss was USD 24.53 million compared to USD 39.81 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.63 a year ago.
Intapp, Inc. is a cloud-based software solutions company. The Company provides cloud software solutions to professional and financial services industry including private capital, investment banking, legal, accounting, and consulting firms. Its Intapp Platform is purpose-built to modernize these firms. The platform facilitates greater team collaboration, digitizes complex workflows to optimize deal and engagement execution, and leverages artificial intelligence (AI) to help nurture relationships and originate new business. The Company products and solutions include DealCloud, risk and compliance management solutions, operational and financial management solutions, collaboration solutions and integration solutions. Its DealCloud is a deal and relationship management solution for financial services firms. The Intapp platform allows firms to manage their risk and compliance challenges, such as conflicts and independence, ethical walls, and employee compliance.