Intapp, Inc. (NASDAQ:INTA) Q4 2023 Results Conference Call August 6, 2023 5:00 PM ET

Company Participants

David Trone - SVP, IR

John Hall - Chairman and CEO

David Morton - CFO

Conference Call Participants

Alex Sklar - Raymond James

Kevin McVeigh - Credit Suisse

Koji Ikeda - Bank of America

Connor Passarella - Truist Securities

Matthew Kikkert - Stifel

Brian Schwartz - Oppenheimer

Matt Vanvliet - BTIG

Saket Kalia - Barclays

Operator

Hello, and welcome to Intapp Fiscal Fourth Quarter and Year-End 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to David Trone. Sir, you may begin.

David Trone

Thank you. Welcome to Intapp’s fiscal fourth quarter and year-end 2023 financial results. On the call with me today are John Hall, Chairman and CEO of Intapp; and David Morton, CFO.

During the course of this conference call, we may make forward-looking statements regarding trends, strategies and the anticipated performance of our business, including guidance provided for our fiscal first quarter and full year 2024. These forward-looking statements are based on management’s current views and expectations, entail certain assumptions made as of today’s date and are subject to various risks and uncertainties, including those described in our SEC filings and other publicly available documents that are difficult to predict and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Intapp disclaims any obligation to update or revise any forward-looking statements, except as required by law.

Further on today’s call, we will also discuss certain non-GAAP metrics that we believe aid in the understanding of our financial results. A reconciliation to comparable GAAP metrics can be found in today’s earnings release, which is available on our website and as an exhibit to Form 8-K furnished with the SEC prior to this call.

With that, I’ll hand the conversation over to John.

John Hall

Thank you, David. Good afternoon, everyone. Thank you for joining us.

We’re pleased to be here with you to share the results of our fiscal fourth quarter and full year fiscal 2023. I’m happy to say that we had another strong year with great results across the business, including Cloud ARR growth of 36% year-over-year. We added new clients through existing accounts, expanded our larger enterprise clients, and expanded our geographic footprint. We also released new applied AI capabilities to our platform, enhanced our product portfolio through organic development and strategic acquisition, and delivered our first profitable year.