Ncino Q1 EPS $0.07 Beats $0.05 Estimate, Sales $113.67M Beat $112.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ncino reported Q1 earnings of $0.07 per share, beating the analyst consensus estimate of $0.05 by 40%. Quarterly sales were $113.67M, surpassing the estimate of $112.59M by 0.96%. This represents a 216.67% increase in EPS and a 20.66% increase in sales compared to the same period last year.
May 31, 2023 | 8:16 pm
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Ncino's Q1 earnings beat estimates with a 216.67% increase in EPS and a 20.66% increase in sales compared to the same period last year.
Ncino's Q1 earnings beat analyst estimates, with a significant increase in EPS and sales compared to the same period last year. This positive financial performance is likely to have a short-term positive impact on the stock price, as it demonstrates the company's growth and ability to exceed expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100