secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2022-09-01T23:59:59+00:00
Accession:  0001902733-22-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino Q2 FY2023 revenue $99.6M (+50% YoY); GAAP EPS ($0.25), guides Q3 rev $103-104M
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- Total revenues $99.6M (+50% YoY); subscription revenues $84.4M (+57% YoY); organic subscription rev $69.4M (+29% YoY).
- GAAP net loss per share ($0.25) vs ($0.14) YoY; Non-GAAP net loss ($0.04) vs ($0.03) YoY.
- RPO $907.4M (+28% YoY); organic RPO $839.8M (+19% YoY).
- Q3 FY2023 guidance: total rev $103-104M, subscription rev $87-88M, non-GAAP net loss per share ($0.02)-($0.03).
- SimpleNexus subscription rev grew 73% YoY; added 26 new SimpleNexus customers in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273322000028/0001902733-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273322000028/ncno-20220901.htm
  HTML page:      https://secwatch.observer/filing/0001902733-22-000028

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