nCino reports Q1 EPS 16c, consensus 16c

Reports Q1 revenue $144.14M, consensus $140.13M. “Strong execution drove financial results above guidance, underscoring our ability to deliver value for shareholders and customers,” said Sean Desmond, CEO at nCino (NCNO). “We’re fulfilling our commitments and advancing key platform capabilities across commercial, consumer, and mortgage solutions, while enhancing onboarding and omnichannel experiences. At the same time, we’re accelerating our AI strategy to reimagine key banking workflows and seamlessly embedding intelligence across the entire nCino Platform to deliver more intuitive and engaging customer experiences.”