Intapp, Inc. (NASDAQ:INTA) Q2 2024 Earnings Conference Call February 6, 2024 5:00 PM ET

Company Participants

David Trone - Senior Vice President of Investor Relations

John Hall - Chairman & Chief Executive Officer

David Morton - Chief Financial Officer

Conference Call Participants

Koji Ikeda - Bank of America

Steve Enders - Citi

Doug Bruehl - JPMorgan

Alex Sklar - Raymond James

Saket Kalia - Barclays

Parker Lane - Stifel

Terry Tillman - Truist Securities

Matt VanVliet - BTIG

Ari Friedman - Oppenheimer

Operator

Thank you for standing by and welcome to Intapp's Fiscal Second Quarter 2024 Webcast. [Operator Instructions] Please be advised that today's call is being recorded.

I would now like to turn the conference over to your host, Mr. David Trone, Senior Vice President, Investor Relations. Please go ahead.

David Trone

Thank you. Welcome to Intapp's fiscal second quarter 2024 financial results. On the call with me today are: John Hall, Chairman and CEO of Intapp; and David Morton, Chief Financial Officer.

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 third 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. As a reminder, all of our financial figures we will discuss today are non-GAAP, except for revenue and revenue growth and current remaining performance obligations. Our GAAP financial results, along with reconciliations of GAAP to non-GAAP financial measures can be found in today's earnings release and its supplemental financial tables which is available on our website and as an exhibit to the Form 8-K furnished with the SEC prior to this call, or a supplemental financial presentation which is available on our website.

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

John Hall

Thank you, David. Good afternoon, everyone. Thank you for joining us today, as we share the results of our fiscal second quarter. I'm pleased to share our strong results supported by innovation, new logos and expansion of our existing accounts around the world. In Q2, our cloud ARR grew to $256.1 million, up 34% year-over-year. Cloud now represents 70% of our total ARR of $365 million. In the quarter, we earned SaaS and Support revenue of $77.1 million, up 25% year-over-year; and total revenue of $103.9 million, up 23% year-over-year.