[U.S. Stock Market News] Intapp plummeted on October 28: second quarter guidance falls short of expectations

Intapp October 28th Sharp Drop Analysis

Keyword: Q2 guidance below expectations

On October 27, 2026, Intapp released its guidance for the second fiscal quarter, forecasting revenue between $158.8 million and $159.8 million and adjusted earnings per share between $0.37 and $0.39, both below analyst expectations. Although revenue and adjusted earnings per share for the first fiscal quarter surpassed expectations, the weaker outlook for the second fiscal quarter was the main factor behind the stock price decline that day. The midpoint of the company's full-year FY2027 revenue guidance is close to analyst forecasts.

(Disclaimer: This content is generated by AI technology summarizing publicly available information and is for reference only. It does not constitute investment advice.)