secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001902733-22-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273322000019/0001902733-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273322000019/ncno-20220601.htm
  HTML page:      https://secwatch.observer/filing/0001902733-22-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer