Intapp climbs after Q4 results beat, share repurchase program

Shares of front-end software vendor Intapp INTA.O jump 28.5% to $47.44 premarket

Reports Q4 revenue of $135 mln, up 18% YoY and beats analysts' consensus forecast of $132 mln, according to data compiled by LSEG

Q4 revenue for all major segments rises, with Software as a Service (SaaS) segment recording a 27% increase YoY

Adj. Q4 profit of 27 cents/share also beats expectations of 23 cents/share

Co also says its board authorized a common stock repurchase program of up to $150 million, which will be funded from existing cash and cash equivalents or future cash flow

Of the 10 analysts that cover the stock, five rate it "buy" or higher, four "hold" and one "sell"; their median PT is $60

As of last close, INTA shares down more than 42% YTD, compared to a 12.3% rise in the Nasdaq Composite index .IXIC