Ncino Q2 EPS $0.09 Beats $0.07 Estimate, Sales $117.20M Beat $114.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ncino (NASDAQ:NCNO) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.07 by 28.57%. This is a 325% increase over losses of $(0.04) per share from the same period last year. The company also reported quarterly sales of $117.20 million, beating the analyst consensus estimate of $114.97 million by 1.94%. This is a 17.64% increase over sales of $99.63 million the same period last year.
August 29, 2023 | 8:08 pm
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POSITIVE IMPACT
Ncino's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Ncino's Q2 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors. This strong financial performance could potentially lead to increased investor confidence and a positive impact on the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100