NCino shares are trading higher after the company reported mixed Q4 results and issued Q1 and FY25 EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
NCino's shares surged following the announcement of mixed Q4 results, coupled with the company's Q1 and FY25 EPS guidance surpassing analysts' expectations.
March 27, 2024 | 11:15 am
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NCino's stock price increased after the company reported mixed Q4 earnings but provided optimistic Q1 and FY25 EPS guidance.
The positive reaction in NCino's stock price is likely due to the company's EPS guidance for Q1 and FY25 exceeding market expectations, which can be seen as a strong indicator of future profitability and growth potential. Despite mixed Q4 results, the forward-looking guidance has a more significant impact on investor sentiment.
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