NCNO Stock Recent News

nCino (NASDAQ:NCNO) shares sank more than 23% after the cloud-based bank operating system's fourth quarter earnings disappointed.   For the quarter, nCino posted earnings per share of $0.12, down from $0.21 in the year-ago quarter and missing estimates of $0.19.

nCino shares slumped in after hours trading Tuesday (April 1) in the wake of guidance that anticipates slowing growth in the core cloud banking segments and mortgage markets, though a reacceleration is envisioned for fiscal year 2027.

Q4 Total Revenues of $141.4 M, up 14% year-over-year Fiscal Year 2025 Total Revenues of $540.7 M, up 13% year-over-year Q4 Subscription Revenues of $125.0 M, up 16% year-over-year Fiscal Year 2025 Subscription Revenues of $469.2 M, up 15% year-over-year

WILMINGTON, N.C., April 01, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that its Board of Directors has authorized a Stock Repurchase Program under which the Company may repurchase up to $100,000,000 of the Company's outstanding common stock.

nCino (NCNO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The Zacks Internet software industry participants like U, NCNO and APPS are benefiting from high demand for SaaS due to the increasing need for hybrid work, learning and diagnosis software, as well as cybersecurity applications.

NCNO benefits from strategic acquisitions and expanding global clientele, positioning the company for continued growth in 2025.

WILMINGTON, N.C., Feb. 10, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that it has appointed Justin Nyweide to its Board of Directors, effective immediately. Mr. Nyweide will serve on the Board's Audit Committee.

WILMINGTON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the appointment of Sean Desmond as President and Chief Executive Officer and as a member of the company's Board of Directors, effective immediately.

NCNO, PPC and LTM made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 2, 2024.