Why Intapp Stock Was Surging This Week
Intapp (NASDAQ: INTA) isn't one of the larger or more prominent fintech stocks on the scene, but it's sure proving to be popular with investors lately. On the back of a solid earnings report published early in the week, market players have charged into the company.
According to data compiled by S&P Global Market Intelligence, Intapp was up by nearly 23% week to date as of Friday before market open.
For its fiscal fourth quarter of 2024, Intapp's revenue came in at just over $114 million. That was 21% higher year over year, and topped the average analyst estimate of less than $112 million. The bulk of the company's top line came from software-as-a-service (SaaS) and support activities, which collectively saw a 25% improvement to $85 million.
Source Fool.com
