nCino, Inc. (NCNO) Tops Q4 EPS by 9c, Offers Guidance

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nCino (NCNO) soars 14% on Q4 report, analyst says buying behavior is normalizing

March 27, 2024 5:51 AM EDT

Shares of nCino (NASDAQ: NCNO) jumped nearly 14% in premarket trading Wednesday after the financial technology provider reported better-than-expected earnings for the fiscal fourth quarter.

The company posted earnings per share (EPS) of $0.21, topping the consensus estimates of $0.12. Revenue came in at $123.7 million, missing the estimated $124.7 million.

Looking ahead to the first quarter, nCino forecasts its adjusted EPS to range from 13 cents to 14 cents, ahead of... More