nCino Announces Timing of its Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call
Generado por agente de IAWesley Park
lunes, 17 de febrero de 2025, 7:51 am ET2 min de lectura
FISI--

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, has announced the timing of its fourth quarter and fiscal year 2025 financial results conference call. The call is scheduled for Tuesday, April 1, 2025, at 4:30 p.m. ET. The company will discuss its financial results for the quarter and fiscal year ended January 31, 2025.
nCino's financial performance has been strong in recent quarters, with the company reporting quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.12 per share by 75%. The company's total revenues for the quarter ended January 2024 were $123.69 million, missing the Zacks Consensus Estimate by 0.71% but still representing a 14% increase year-over-year.

The company's strong financial performance can be attributed to its focus on innovation, efficiency, and providing a comprehensive platform for financial institutions. nCino's ability to provide a true end-to-end platform for financial institutions to onboard customers, open accounts, originate loans, and manage the portfolio across multiple business lines has driven demand for its products.
nCino's strong sales execution resulted in over 30 multi-solution deals and more gross bookings from net new customers than the previous two quarters combined. The company's acquisition of FullCircl expanded its onboarding capabilities by adding data aggregation components to the platform for financial institutions in EMEA. Additionally, nCino signed a multi-solution expansion agreement with a top-40 bank in the U.S., expanded its relationship with a top-5 Australian bank, and signed an expansion agreement with the largest bank in Norway.

nCino's guidance for the next quarter and fiscal year aligns with analysts' expectations. The company expects total revenues between $139.5 million and $141.5 million, subscription revenues between $122.5 million and $124.5 million, non-GAAP operating income between $23.25 million and $24.25 million, and non-GAAP net income attributable to nCino per diluted share of $0.18 to $0.19 for the fourth quarter ending January 31, 2025. For the fiscal year 2025, nCino expects total revenues between $538.5 million and $544.5 million, subscription revenues between $463.0 million and $469.0 million, non-GAAP operating income between $86.0 million and $89.0 million, and non-GAAP net income attributable to nCino per diluted share of $0.65 to $0.68.
In conclusion, nCino's announcement of the timing of its fourth quarter and fiscal year 2025 financial results conference call reflects the company's strong financial performance and strategic priorities. The company's focus on innovation, efficiency, and providing a comprehensive platform for financial institutions has driven demand for its products and contributed to its growth. nCino's guidance for the next quarter and fiscal year aligns with analysts' expectations, indicating that the company is on track to meet or exceed earnings and revenue targets. Investors should monitor the company's performance and any potential changes in market conditions that could affect the stock price.
NCNO--

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, has announced the timing of its fourth quarter and fiscal year 2025 financial results conference call. The call is scheduled for Tuesday, April 1, 2025, at 4:30 p.m. ET. The company will discuss its financial results for the quarter and fiscal year ended January 31, 2025.
nCino's financial performance has been strong in recent quarters, with the company reporting quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.12 per share by 75%. The company's total revenues for the quarter ended January 2024 were $123.69 million, missing the Zacks Consensus Estimate by 0.71% but still representing a 14% increase year-over-year.

The company's strong financial performance can be attributed to its focus on innovation, efficiency, and providing a comprehensive platform for financial institutions. nCino's ability to provide a true end-to-end platform for financial institutions to onboard customers, open accounts, originate loans, and manage the portfolio across multiple business lines has driven demand for its products.
nCino's strong sales execution resulted in over 30 multi-solution deals and more gross bookings from net new customers than the previous two quarters combined. The company's acquisition of FullCircl expanded its onboarding capabilities by adding data aggregation components to the platform for financial institutions in EMEA. Additionally, nCino signed a multi-solution expansion agreement with a top-40 bank in the U.S., expanded its relationship with a top-5 Australian bank, and signed an expansion agreement with the largest bank in Norway.

nCino's guidance for the next quarter and fiscal year aligns with analysts' expectations. The company expects total revenues between $139.5 million and $141.5 million, subscription revenues between $122.5 million and $124.5 million, non-GAAP operating income between $23.25 million and $24.25 million, and non-GAAP net income attributable to nCino per diluted share of $0.18 to $0.19 for the fourth quarter ending January 31, 2025. For the fiscal year 2025, nCino expects total revenues between $538.5 million and $544.5 million, subscription revenues between $463.0 million and $469.0 million, non-GAAP operating income between $86.0 million and $89.0 million, and non-GAAP net income attributable to nCino per diluted share of $0.65 to $0.68.
In conclusion, nCino's announcement of the timing of its fourth quarter and fiscal year 2025 financial results conference call reflects the company's strong financial performance and strategic priorities. The company's focus on innovation, efficiency, and providing a comprehensive platform for financial institutions has driven demand for its products and contributed to its growth. nCino's guidance for the next quarter and fiscal year aligns with analysts' expectations, indicating that the company is on track to meet or exceed earnings and revenue targets. Investors should monitor the company's performance and any potential changes in market conditions that could affect the stock price.
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