Ncino (NASDAQ:NCNO) reported its Q1 earnings results on Wednesday, May 31, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Ncino beat estimated earnings by 40.0%, reporting an EPS of $0.07 versus an estimate of $0.05.
Revenue was up $19.46 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 2.42% increase in the share price the next day.
Here’s a look at Ncino’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.02 | -0.08 | -0.08 |
| EPS Actual | 0.04 | -0.01 | -0.04 | -0.06 |
| Revenue Estimate | 104.58M | 103.46M | 97.46M | 91.38M |
| Revenue Actual | 109.18M | 105.30M | 99.63M | 94.21M |
To track all earnings releases for Ncino visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
