nCino Announces Appointment Of Greg Orenstein As Chief Financial Officer; Co Reaffirms Q4 And FY23 Guidance

Company Reaffirms Financial Guidance

For the fourth quarter ending January 31, 2023, the Company reaffirms its financial guidance of:

• Total revenues between $104 million and $105 million.
• Subscription revenues between $90 million and $91 million.
• Non-GAAP operating loss between ($3.0) million and ($4.0) million.
• Non-GAAP net loss attributable to nCino per share of ($0.04) and ($0.05).

For the fiscal year 2023 ending January 31, 2023, the Company reaffirms its financial guidance of:

• Total revenues between $403 million and $404 million.
• Subscription revenues between $342 million and $343 million.
• Non-GAAP operating loss between ($7.0) million and ($8.0) million.
• Non-GAAP net loss attributable to nCino per share of ($0.15) to ($0.17).