nCino Q1 FY2023 revenue $94.2M (+51% YoY); net loss $30.7M

nCino, Inc.

2023-Q1 EPS reported -$0.28 revenue$94,211,000

Total revenue $94.2M (+51% YoY); subscription revenue $79.2M (+55%).
Organic subscription revenue (ex-SimpleNexus) $65.6M (+29%).
GAAP net loss $30.7M ($0.28/share) vs $15.0M a year ago; non-GAAP net loss $6.1M.
RPO $905.6M (+48% YoY). Guides Q2 revenue $97-98M, FY2023 revenue $401-403M.
Signed UK Big Four lender; SimpleNexus new customers up 80% YoY.

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