==-=nCino (NCNO) reported earnings on Wed 31 May 23 (a/h)

 

nCino beats by $0.02, reports revs in-line; guides Q2 EPS in-line, revs below consensus; guides FY24 EPS in-line, revs below consensus

• Reports Q1 (Apr) earnings of $0.07 per share, excluding non-recurring items, $0.02 better than the FactSet Consensus of $0.05; revenues rose 20.7% year/year to $113.67 mln vs the $112.58 mln FactSet Consensus.
• Co issues guidance for Q2 (Jul), sees EPS of $0.06-0.08, excluding non-recurring items, vs. $0.08 FactSet Consensus; sees Q2 revs of $114.0-115.5 mln vs. $117.49 mln FactSet Consensus.
• Co issues guidance for FY24, sees EPS of $0.37-0.40, excluding non-recurring items, vs. $0.37 FactSet Consensus; sees FY24 revs of $474.0-478.5 mln vs. $479.58 mln FactSet Consensus.