nCino(NCNO)
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NCino Reports Demand for Cloud Banking, AI Drives Record Sales
pymnts.com· 2024-05-30 00:35
"Obviously, there are nuances by market, but we see priorities generally aligned across all of the markets we serve," Naudé said during the call. "The liquidity crisis a year ago and the ensuring difficult business cycle imparted some lasting lessons for our customers and prospects. Operational efficiency matters, and quality digital experiences are table stakes for their clients." NCino reported Wednesday (May 29) that demand for its single-platform cloud banking solution and artificial intelligence (AI) f ...
NCino (NCNO) Surpasses Q1 Earnings and Revenue Estimates
zacks.com· 2024-05-29 22:26
NCino (NCNO) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 46.15%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.21, delivering a surprise of 75%. Over the last four quarters, the company has surpas ...
nCino(NCNO) - 2025 Q1 - Quarterly Report
2024-05-29 21:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __to __ Commission File Number: 001-41211 nCino, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of ...
nCino(NCNO) - 2025 Q1 - Quarterly Results
2024-05-29 20:06
Exhibit 99.1 nCino Reports First Quarter Fiscal Year 2025 Financial Results WILMINGTON, N.C., May 29, 2024 -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the first quarter of fiscal year 2025, ended April 30, 2024. "Building on our fourth quarter momentum, we had a great start to the year, achieving our highest first-quarter gross sales in Company history," said Pierre Naudé, Chairman and CEO at nCino. "Our strong s ...
nCino Reports First Quarter Fiscal Year 2025 Financial Results
globenewswire.com· 2024-05-29 20:05
Financial Outlook nCino is providing guidance for its second quarter ending July 31, 2024, as follows: WILMINGTON, N.C., May 29, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the first quarter of fiscal year 2025, ended April 30, 2024. "Building on our fourth quarter momentum, we had a great start to the year, achieving our highest first-quarter gross sales in Company history," said Pierre Nau ...
Libro Credit Union Selects nCino to Empower Employees and Positively Impact Ontario Community
Newsfilter· 2024-04-30 11:30
TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ:NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Libro Credit Union has selected nCino's Cloud Banking Platform to empower its employees through data, achieve faster time to value and create a smoother experience for customers. Libro is one of Ontario's largest credit unions, serving over 117,000 Owners, the customers who all own a piece of the company, with 34 branches and 800 employees across ...
Together Selects nCino to Revolutionise its Lending Business
Newsfilter· 2024-04-23 06:30
LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ:NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Together, one of the UK's leading property lenders, has selected nCino's Cloud Banking Platform to revolutionise and future-proof its business. Together provides finance to people and businesses through a "common-sense approach" to lending and judging each application on its individual merit rather than adopting an automated approach. The Cheadle b ...
NCino Expands Omnichannel Functionality of Consumer Banking Solution
PYMNTS· 2024-04-01 17:09
NCino expanded the omnichannel functionality of its Consumer Banking Solution for banks and credit unions.The expansion helps bankers interact with consumers where and how those customers want to engage, the provider of cloud banking for the global financial services industry said in a Monday (April 1) press release.“We’ve enhanced our Consumer Banking Solution to make key processes more efficient for our customers, but also more engaging and accessible for their customers and members,” Law Helie, general m ...
Why nCino Stock Was Vaulting Skyward This Week
The Motley Fool· 2024-03-29 14:21
The past few days have been kind to nCino (NCNO 4.12%), at least as far as its stock is concerned. Data compiled by S&P Global Market Intelligence reveal that the finance industry software specialist's share price had risen by a meaty 22% week to date as of early Friday morning. An inspiring quarterly and annual earnings report and subsequent analyst price target raises were the main cause of the jump.The company crushed fourth-quarter bottom-line estimatesOn Tuesday shortly after market close, nCino unveil ...
FinTech IPO Index Up Slightly as nCino's Gains Offset Huize's Slide
PYMNTS· 2024-03-29 08:00
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season.The FinTech IPO Index was up 0.3% through the past five sessions as nCino’s stock soared 23%.The company’s latest earnings results showed that total revenues for the fourth quarter of fiscal 2024 were $123.7 million, a 13% increase year over year. Subscription revenues for the fourth quarter were $107.5 million, up 16% YoY. Total customers at the end of the latest fiscal year stood at just over 1,8 ...