nCino Reports Second Quarter Fiscal Year 2022 Financial Results
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Ncino (NCNO) Up 14% on Better-than-expected Q2 Results and Guidance, Announces Wells Fargo as a New Client; Analyst Raises PT on 'Top Pick' Stock
September 2, 2021 10:36 AM EDTShares of nCino (NASDAQ: NCNO) are up nearly 14% in todays trading session after the company presented its Q2 results and Q3 and FY outlook.
NCNO reported a negative EPS of $0.02 to beat the negative $0.06 analyst consensus. Revenue for the quarter came in at $66.5 million versus the consensus estimate of $63.7 million.
We are extremely pleased with the results of our second quarter, which include 37% year-over year growth in subscription revenues, 129% year-over-year growth in international revenues, and record second quarter sales, said Pierre Naudé, CEO of nCino.
Naudé also announced that the... More
nCino Inc. (NCNO) PT Raised to $90 at BofA Securities
September 2, 2021 7:58 AM EDTBofA Securities analyst Brad Sills raised the price target on nCino Inc. (NASDAQ: NCNO) to $90.00 (from $85.00) while maintaining a Buy rating.
... MorenCino Inc. (NCNO) PT Raised to $85 at Needham & Company
September 2, 2021 6:19 AM EDTNeedham & Company analyst Mayank Tandon raised the price target on nCino Inc. (NASDAQ: NCNO) to $85.00 (from $80.00) while maintaining a Buy rating.
The analyst commented, "NCNO reported strong 2QF22 results that beat expectations on both the top and bottom line. RPO, an... More
nCino, Inc. (NCNO) Tops Q2 EPS by 4c
September 1, 2021 4:14 PM EDTnCino, Inc. (NASDAQ: NCNO) reported Q2 EPS of ($0.02), $0.04 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $66.5 million versus the consensus estimate of $63.7 million.
We are extremely pleased with the results of our second quarter, which include 37% year-over year growth in subscription revenues, 129% year-over-year growth in international revenues, and record second quarter... More
