nCino, Inc. (NCNO) Tops Q2 EPS by 4c
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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
