NCino, Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2022 and Full Year Ending January 31, 2023
June 01, 2022 at 04:05 pm EDT
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nCino, Inc. provided earnings guidance for the second quarter ending July 31, 2022 and full year ending January 31, 2023. For the second quarter, the company expects Total revenues between $97 million and $98 million.
For the full year, the company expects Total revenues between $401 million and $403 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.