nCino Sees Q3 EPS $0.15-$0.16 Vs $0.16 Est.; Revenue $136M-$138M Vs $138.63M Est.; FY25 EPS $0.66-$0.69 Vs $0.67 Est.; Revenue $538.5M-$544.5M Vs $541.72M Est.

Author: Benzinga Newsdesk | August 27, 2024 04:08pm

Financial Outlook

nCino is providing guidance for its third quarter ending October 31, 2024, as follows:

• Total revenues between $136.0 million and $138.0 million.
• Subscription revenues between $117.0 million and $119.0 million.
• Non-GAAP operating income between $21.0 million and $22.0 million.
• Non-GAAP net income attributable to nCino per diluted share of $0.15 to $0.16.

nCino is providing guidance for its fiscal year 2025 ending January 31, 2025, as follows:

• 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 $87.0 million and $90.0 million.
• Non-GAAP net income attributable to nCino per diluted share of $0.66 to $0.69.

 

Posted In: NCNO