secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2023-03-28T23:59:59+00:00
Accession:  0001902733-23-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino Q4 revenue $109.2M (+46% YoY); non-GAAP op income $1.8M; FY2024 guidance $476-483M rev
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- Q4 total rev $109.2M (+46% YoY); subscription rev $92.8M (+48% YoY); organic subscription rev $77.0M (+30% YoY).
- GAAP op loss $(23.3)M; non-GAAP op income $1.8M (2nd straight positive quarter); non-GAAP net income $4.4M vs $(9.3)M loss YoY.
- Full-year FY2023 total rev $408.3M (+49% YoY); subscription rev $344.8M (+53% YoY); GAAP net loss $(102.7)M vs $(49.4)M YoY.
- Q1 FY2024 guidance: total rev $111.5-113.5M; subscription rev $95.5-97.5M; non-GAAP EPS $0.04-0.05. FY2024 total rev $476-483M; non-GAAP EPS $0.36-0.40.
- RPO $944.1M (+3% YoY); <24 month RPO $634.8M (+18% YoY); cash $87.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/0001902733-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000022/ncno-20230328.htm
  HTML page:      https://secwatch.observer/filing/0001902733-23-000022

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