Ncino Q1 Adj EPS $0.19 Beats $0.14 Estimate, Sales $128.09M Beat $126.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ncino (NASDAQ:NCNO) reported Q1 adjusted EPS of $0.19, beating the $0.14 estimate by 35.71%. Sales were $128.09M, surpassing the $126.65M estimate by 1.13%. This marks a 171.43% increase in EPS and a 12.68% increase in sales year-over-year.
May 29, 2024 | 8:32 pm
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Ncino reported strong Q1 results with EPS of $0.19 beating estimates by 35.71% and sales of $128.09M surpassing estimates by 1.13%. EPS increased by 171.43% and sales by 12.68% year-over-year.
The significant beat on both EPS and sales, along with strong year-over-year growth, is likely to positively impact Ncino's stock price in the short term.
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