secwatch.observer — SEC 8-K summary
======================================

Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2023-05-31T23:59:59+00:00
Accession:  0001902733-23-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino Q1 FY2024 rev $113.7M (+21% YoY); non-GAAP EPS $0.07, record FCF $29.7M
-----------------------------------------------------------------------------

- Total revenues $113.7M (+21% YoY); subscription revenues $97.3M (+23% YoY).
- GAAP net loss $(11.2)M ($(0.10)/share); non-GAAP net income $8.0M ($0.07/share).
- Record free cash flow of $29.7M; GAAP loss from ops improved to $(8.6)M from $(27.2)M.
- Q2 FY2024 guidance: total rev $114-115.5M; non-GAAP op income $8-9.5M; non-GAAP EPS $0.06-0.08.
- FY2024 guidance: total rev $474-478.5M; non-GAAP op income $48-52.5M; non-GAAP EPS $0.37-0.40.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000033/0001902733-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273323000033/ncno-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001902733-23-000033

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