Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
nCino, Inc. reported third quarter of fiscal year 2023, ended October 31, 2022 results: revenue $105.3 million, net income ($23.6) million, EPS ($0.21) per share. Guidance initiated.
- Period
- third quarter of fiscal year 2023, ended October 31, 2022
- Revenue
- $105.3 million
- Net income
- ($23.6) million
- EPS
- ($0.21) per share
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
Financial Highlights • Revenues: Total revenues for the third quarter of fiscal 2023 were $105.3 million, a 50% increase from $70.0 million in the third quarter of fiscal 2022. Subscription revenues for the third quarter were $88.3 million , up from $57.1 million one year ago, an increase of 55%. These revenues include the results of SimpleNexus. Organic subscription revenues, which exclude the revenues of SimpleNexus, were $72.9 million, a 28% increase from the third quarter of fiscal 2022. • Loss from Operations: GAAP loss from operations in the third quarter of fiscal 2023 was ($18.4) million compared to ($12.7) million in the same quarter of fiscal 2022. Non-GAAP operating income (loss) in the third quarter was $2.5 million compared to ($3.2) million in the third quarter of fiscal 2022. • Net Loss Attributable to nCino: GAAP net loss attributable to nCino in the third quarter of fiscal 2023 was ($23.6) million compared to ($13.6) million in the third quarter of fiscal 2022. Non-GAA
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