Intapp Projects Strong Revenue Growth, Focuses on AI Integration

Published 1 days agoINTA

Intapp Projects Strong Revenue Growth, Focuses on AI Integration

Intapp, a prominent provider of business applications for professional and financial services, has set its revenue expectations for fiscal year 2025, aiming between $495.5 million and $499.5 million. The company is also projecting substantial growth in its SaaS segment, with revenue anticipated to reach between $327.6 million and $331.6 million, showcasing a year-over-year increase of up to 28%.

To bolster its market presence, Intapp is integrating generative AI into its solutions. This includes launching products like Intapp Assist for Terms and acquiring companies such as delphai GmbH and Transform Data International to enhance AI and cloud technologies. In the fiscal second quarter, Intapp reported a SaaS revenue jump to $80 million and total revenue of $121.2 million, highlighting its strong financial momentum.

With over 2,650 clients, including 728 with an ARR of at least $100,000, Intapp's commitment to AI, reflected in its "Intelligence Applied" initiative, underscores its strategic direction. This focus has not only solidified its current client base but also drives the ongoing expansion and technological innovation that positions Intapp as a leader in its sectors.

Share this article

Twitter Facebook LinkedIn

Recent Articles

Payoneer Withdraws Annual Guidance Amid Trade Uncertainties

Payoneer Withdraws Annual Guidance Amid Trade Uncertainties

17 minutes agoPAYO

Payoneer Global Inc. has recently taken the significant step of withdrawing its financial guidance for 2025. This decision, attributed to prominent trade uncertainties, influenced the company's stock, which closed at $6.05 on May 7, 2025, resulting in a market capitalization of approximately $2.88 billion. This unexpected move comes after various analyst ratings and assessments. Keefe, Bruyette & Woods downgraded their rating for Payoneer to 'Market Perform' in December 2024 but retained a $12 price target. Meanwhile, in April 2024, Needham maintained a 'Buy' rating, albeit lowering their price target from $8.00 to $7.00, acknowledging strong e-commerce activity and solid product performance. Despite the current volatility, Payoneer reported strong financial results in previous quarters, including a 19% increase in total revenue for the third quarter of 2024. The company is also advancing its strategic acquisition of a Chinese payment service provider, anticipated to finalize within the first half of 2025. These strategic steps are expected to enhance Payoneer's market positioning during this uncertain period.

Sunopta Raises 2025 Revenue Forecast to $788-$805 Million

Sunopta Raises 2025 Revenue Forecast to $788-$805 Million

32 minutes agoSTKL

Sunopta, Inc. has updated its revenue guidance for 2025, increasing its expectations to a range of $788 million to $805 million. The company is also targeting gross margins between 18% and 19%. This adjustment showcases Sunopta's confidence in its ongoing strategic initiatives and its positioning within its market. Currently, Sunopta's stock is trading at $4.75, as of the latest update. The stock showed no significant change from its previous closing price, moving just $0.01. Trading has maintained a volume of 1,208,038, with the stock price holding steady between the intraday high and low of $4.75. This revised forecast underlines Sunopta's strategy to enhance profitability through focused growth plans, reflecting a solid belief in their future performance. Reuters reported that the company aims to seize opportunities in the market to drive this anticipated growth. Although precise steps have not been detailed, the guidance offers insight into the company's planned trajectory.

STAAR Surgical Forecasts China Revenue Rebound for Late 2025

STAAR Surgical Forecasts China Revenue Rebound for Late 2025

47 minutes agoSTAA

STAAR Surgical Company has outlined its financial expectations for the fiscal year 2025, specifically highlighting anticipated improvements in China during the latter half of the year. The company foresees a sluggish start with minimal sales of Implantable Collamer Lenses (ICLs) due to high inventory levels and soft demand. However, STAAR projects a potential upswing, estimating ICL sales could hit between $75 million and $125 million in the second half, influenced by the performance of refractive procedures in China. Supporting this positive outlook is the planned mid-year launch of the EVO Plus lens, which is anticipated to have a higher average selling price. This strategic move might bolster revenue as it aligns with STAAR's focus on reducing import risks by keeping additional inventory within China, considering the geopolitical uncertainties and tariffs that could affect supply chains. Beyond China, STAAR Surgical expects global ICL sales, excluding the Chinese market, to land between $165 million and $175 million, marking a growth of 9% to 15% from the previous year. While the company's forecasts hinge on current market conditions, various factors such as government policies and shifts in consumer demand could impact these projections. As reported by STAAR's official communications, these strategies reflect a concerted effort to navigate and capitalize on market dynamics globally.

Boeing Sets 2027 for New Air Force One Delivery Amid Delays

Boeing Sets 2027 for New Air Force One Delivery Amid Delays

Boeing has proposed a new delivery timeline for the much-anticipated Air Force One aircraft, setting 2027 as the target year. This update comes from Darlene Costello, the acting assistant secretary of the U.S. Air Force. The two Boeing 747-8 jets, designed specifically for presidential transport, were originally scheduled for a 2024 delivery. In light of the delays, Boeing and the U.S. Air Force are working together to realign project requirements to potentially meet the revised timeline, although the Air Force has yet to confirm this new proposed date. Reuters reported that to expedite the process, specific security standards at Boeing's production facilities have been temporarily relaxed. Meanwhile, the government has also engaged L3Harris Technologies to retrofit a Qatari Boeing 747 for interim use as Air Force One, with plans to have it operational by this fall. These delays have attracted attention at the highest levels, with former President Donald Trump vocalizing his dissatisfaction over the prolonged timelines. His involvement included discussions aimed at expediting the project, with notable figures such as Elon Musk also being part of these consultations. Despite the scheduling challenges, Boeing remains a pivotal player in key aerospace projects.