nCino reports Q4 EPS 12c, consensus 19c

Reports Q4 revenue $141.37M, consensus $140.81M. “We ended the year strong, with meaningful year-over-year subscription revenues and ACV growth, while continuing to realize efficiencies across our operations,” said Sean Desmond, CEO at nCino (NCNO). “With AI embedded across our onboarding, account opening, lending and portfolio management offerings that span commercial, consumer, small business and mortgage lines of business globally, nCino is uniquely positioned to seize the vertical AI market opportunity as we continue the journey of delivering long-term value to our stakeholders.”