nCino Revenue Jumps 12% in Fiscal Q2

nCino (NASDAQ:NCNO), a banking technology provider specializing in cloud-based solutions for financial institutions, reported its financial results for the quarter ended July 31, 2025, on August 26, 2025. The company announced GAAP revenue of $148.8 million—12% higher than the same period a year ago and well above its guidance of $142.0–$144.0 million. Adjusted earnings per share (non-GAAP) rose to $0.22, compared to $0.13 last year, outpacing management’s non-GAAP range of $0.13–$0.14. Although non-GAAP results reflected continued improvement in revenue and operating margins, GAAP net losses increased. Management also issued guidance pointing to flat or slightly lower revenue, reflecting a more cautious outlook for the rest of fiscal 2026. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2026 earnings report. nCino is a software company that serves banks and credit unions through a cloud-based platform. Its primary offerings help automate and digitize core banking processes like loan origination, client onboarding, and lifecycle management. The platform integrates artificial intelligence (AI) and automation, which streamlines workflows for financial institutions and helps them improve efficiency and manage regulatory risk.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool