Intapp (INTA) shares fall 9% on weak second-quarter guidance
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Intapp Inc (NASDAQ:INTA) reported first quarter results that exceeded analyst expectations, but shares fell 9.2% in after-hours trading Tuesday following disappointing guidance for the second quarter. Still guessing which stocks will beat the market? Our AI…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishGuidance below consensus triggered an after-hours drop in the stock, a notable move for the company.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted EPS of $0.44 for the first quarter beat the $0.40 consensus.
- 02Revenue rose 16% to $161.3 million.
- 03Second-quarter adjusted EPS guidance is $0.37 to $0.39, below consensus.
- 04Shares fell 9.2% in after-hours trading.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets