Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
14 July 2020Website:
http://www.ncino.comNext earnings report:
29 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:11:24 GMTDividend
Analysts recommendations
Institutional Ownership
NCNO Latest News
NCNO is recommended as a buy due to the need for modern digital banking capabilities in the industry. NCNO's superior product vs point solutions positions it well to capture demand in the growing market. Despite near-term growth concerns, early signs of recovery and attractive valuation make NCNO a worthwhile investment.
Company's Gen AI tool, powered by nCino IQ (nIQ), delivers real-time intelligence and optimizes decision-making with data-driven insights for financial institutions across asset sizes and geographies
WILMINGTON, N.C., May 30, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced its participation in the following investor conference:
nCino (NCNO) first-quarter fiscal 2025 results benefit from robust demand for its product and services.
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.
• Total Revenues of $128.1M , up 13% year-over-year • Subscription Revenues of $110.4M , up 13% year-over-year • GAAP Operating Margin of (3)% , up ~500 basis points year-over-year • Non-GAAP Operating Margin of 19% , up ~900 basis points year-over-year 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.
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.
The highly specialized software developer had a solid fourth quarter to put a cap on its fiscal 2024. It crushed analyst profitability estimates for the period.
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%.
nCino (NCNO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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What type of business is nCino?
nCino, Inc., a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System, a tenant cloud platform, which digitizes, automates, and streamlines complex processes and workflow; and utilizes data analytics and artificial intelligence and machine learning (AI/ML) to enable banks and credit unions to onboard new clients, make loans and manage the entire loan life cycle, open deposit and other accounts, and manage regulatory compliance. The company's nCino IQ, an application suite that utilizes data analytics and AI/ML to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring, and managing credit risk, as well as to enhance their ability to comply with regulatory requirements. It also offers SimpleNexus, a suite of products that enables loan officers, borrowers, real estate agents, settlement agents, and others to engage in the homeownership process from internet-enabled device. The company serves financial institution customers, including global financial institutions, enterprise banks, regional banks, community banks, credit unions, new market entrants, and independent mortgage banks through sales team comprising business development representatives, account executives, field sales engineers, and customer success managers. nCino, Inc. was founded in 2011 and is headquartered in Wilmington, North Carolina.
What sector is nCino in?
nCino is in the Technology sector
What industry is nCino in?
nCino is in the Software Application industry
What country is nCino from?
nCino is headquartered in United States
When did nCino go public?
nCino initial public offering (IPO) was on 14 July 2020
What is nCino website?
https://www.ncino.com
Is nCino in the S&P 500?
No, nCino is not included in the S&P 500 index
Is nCino in the NASDAQ 100?
No, nCino is not included in the NASDAQ 100 index
Is nCino in the Dow Jones?
No, nCino is not included in the Dow Jones index
When does nCino report earnings?
The next expected earnings date for nCino is 29 August 2024