NCino, Inc. Provides Earnings Guidance for the First Quarter Ending April 30, 2024 and Fiscal Year 2025 Ending January 31, 2025
March 26, 2024 at 04:07 pm EDT
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nCino, Inc. provided earnings guidance for the first quarter ending April 30, 2024 and fiscal year 2025 ending January 31, 2025. For the quarter, the company expected total revenues between $126.0 million and $127.0 million. Subscription revenues between $108.75 million and $109.75 million.
For the year, the company expected total revenues between $538.5 million and $544.5 million. Subscription revenues between $463.0 million and $469.0 million.
nCino, Inc. is a global provider of cloud banking solutions for the global financial services industry. The Company offers nCino Bank Operating System, which is a single, multi-tenant software-as-a-service solution that connects financial institutions (FI) employees, their clients and third parties on a single, cloud-based platform, eliminating silos and bringing new levels of coordination and transparency to the FI. This platform provides all the functionality necessary to complete workflow, enabling client onboarding, loan origination, deposit account opening, analytics and compliance. The nCino Bank Operating System also delivers data analytics and artificial intelligence and machine learning (AI/ML) capabilities through its nCino IQ application suite 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 improve their ability to comply with regulatory requirements.
NCINO, INC. 
