secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001902733-24-000113
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino Q1 revenue $128.1M (+13% YoY); non-GAAP EPS $0.19, FY25 revenue guide $538.5-544.5M
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- Total revenues $128.1M, up 13% YoY; subscription revenues $110.4M, up 13% YoY.
- GAAP loss from operations $(3.7)M (improved from $(8.6)M); non-GAAP operating income $24.4M (from $10.9M).
- GAAP net loss $(3.0)M ($(0.03)/share); non-GAAP net income $22.0M ($0.19/share).
- RPO $1.069B, up 17% YoY; cash $134.8M; record first-quarter gross sales.
- Q2 guide: rev $130.5-131.5M, non-GAAP EPS $0.12-0.13; FY25 guide: rev $538.5-544.5M, non-GAAP EPS $0.65-0.68.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273324000113/0001902733-24-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273324000113/ncno-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001902733-24-000113

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