nCino sees Q1 revenue $154.5M-$156.5M, consensus $152.74M

Sees Q1 operating income $38M-$40M. “Reflecting our deep conviction in nCino’s (NCNO) market leadership position for AI-powered banking, and our commitment to continue allocating capital where it can generate stockholder value, we are pleased to announce our Board of Directors has authorized an additional $100 million Stock Repurchase Program pursuant to an accelerated share repurchase agreement entered into today. After giving effect to the $100 million ASR, approximately $75 million will remain available for share repurchases under the December 2025 share repurchase authorization. A $200 million term loan expansion of our existing credit facility will be used to finance the ASR and to reduce a portion of the outstanding balance on our revolving credit facility,” said Greg Orenstein, CFO at nCino.