nCino reports Q3 EPS 14c consensus 11c

Reports Q3 revenue $121.94M, consensus $120.63M. “We posted another solid quarter in Q3, with revenues and profitability again exceeding expectations,” said Pierre Naude, chairman and CEO of nCino. “Notably, we added key new customers, such as our first enterprise Consumer ending deal with a $200 billion bank in the U.S., and our largest customer to date in Japan. We are also pleased that our U.S. mortgage business achieved double-digit revenue growth despite generationally-high interest rates.”