nCino reports Q4 revenue $123.7M (+13% YoY), GAAP net income $1.2M; CRO Josh Glover departing

nCino, Inc.

2024-FY EPS reported -$0.38 revenue$476,543,000

Q4 total revenue $123.7M (+13% YoY); subscription revenue $107.5M (+16% YoY). GAAP net income $1.2M vs ($21.2M) loss.
Non-GAAP operating income $19.3M (vs $1.8M); non-GAAP EPS $0.21 (vs $0.04).
FY2025 guidance: total revenue $538.5-544.5M, non-GAAP EPS $0.60-0.64.
RPO of $1.0B (+9% YoY); $675M expected recognized in 24 months.
President & CRO Josh Glover leaving April 12; Paul Clarkson promoted to EVP Global Revenue.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Josh Glover

President and Chief Revenue Officer

NCNO · nCino, Inc.

Effective: 2024-04-12
Filed: March 26, 2024, 7:59 PM ET

On March 22, 2024, Josh Glover, the Company’s President and Chief Revenue Officer, notified the Company that he is leaving the Company effective April 12, 2024 to pursue an opportunity outside of the financial services industry.

Appointed

Paul Clarkson

Executive Vice President Global Revenue

NCNO · nCino, Inc.

Effective: 2024-03-26
Filed: March 26, 2024, 7:59 PM ET

Paul Clarkson, who has previously worked closely with Mr. Glover during Mr. Clarkson’s tenure as Executive Vice President Global Banking, has been named Executive Vice President Global Revenue, effective immediately, and will assume certain of Mr. Glover’s responsibilities.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

nCino, Inc. reported fourth quarter and fiscal year ended January 31, 2024 results: revenue $123.7M, net income $1.2 million, EPS $0.01 per diluted share. Guidance initiated.

Period: fourth quarter and fiscal year ended January 31, 2024
Revenue: $123.7M
Net income: $1.2 million
EPS: $0.01 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

unless expressly incorporated by reference in such filing. --- EX-99.1 (EX-99.1) --- nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results Q4 Total Revenues of $123.7M, up 13% year-over-year Fiscal Year 2024 Total Revenues of $476.5M, up 17% year-over-year Q4 Subscription Revenues of $107.5M, up 16% year-over-year Fiscal Year 2024 Subscription

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Josh Glover departed as President and Chief Revenue Officer at nCino, Inc..

Action: leaving
Role: President and Chief Revenue Officer

Exact text from the filing

On March 22, 2024, Josh Glover, the Company’s President and Chief Revenue Officer, notified the Company that he is leaving the Company effective April 12, 2024 to pursue an opportunity outside of the financial services industry.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Clarkson was named as Executive Vice President Global Revenue at nCino, Inc..

Action: named
Role: Executive Vice President Global Revenue

Exact text from the filing

Paul Clarkson, who has previously worked closely with Mr. Glover during Mr. Clarkson’s tenure as Executive Vice President Global Banking, has been named Executive Vice President Global Revenue, effective immediately, and will assume certain of Mr. Glover’s responsibilities.

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

nCino, Inc. filing history →

Source: SEC EDGAR

accession 0001902733-24-000051

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.