Ncino: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Ncino (NASDAQ:NCNO) reported Q3 earnings with an EPS of $0.14, beating estimates by 27.27% and showing a revenue increase of $16.65 million year-over-year. The company has a history of surpassing EPS estimates, which previously led to a 9.74% stock price increase the following day.
November 29, 2023 | 9:25 pm
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Ncino reported a strong Q3 with EPS of $0.14, surpassing estimates by 27.27% and showing significant revenue growth from the previous year.
Ncino's positive earnings report, with a substantial beat on EPS estimates and year-over-year revenue growth, is likely to instill investor confidence and could lead to a short-term increase in stock price, similar to the 9.74% rise observed after the last earnings beat.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100