nCino Beats Expectations with Strong Q3 Results

nCino, a Wilmington-based tech firm, reported a net income of $6.5 million for its fiscal third quarter, surpassing analysts predictions by a significant margin. The companys earnings per share stood at $0.31, while revenue reached $152.2 million, also exceeding expectations. Looking ahead, nCino anticipates earnings per share between $0.21 and $0.22 for the current quarter, with revenue projected between $146.8 million and $148.3 million. For the full fiscal year, the company expects earnings per share between $0.90 and $0.91, and total revenue between $591.9 million and $593.4 million.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.