nCino Q3 Earnings: Strong Performance, Raised Guidance

nCino, a banking software provider, reported impressive third-quarter earnings for FY2025, surpassing Wall Streets expectations with a 9.6% revenue increase to $152.2 million. Profit per share of $0.31, a 48% beat, and adjusted operating income of nearly $40 million also exceeded estimates. The company, founded in 2011, helps financial institutions streamline processes and is confident in its financial outlook, raising full-year adjusted earnings per share guidance to $0.91, a 15.3% increase.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.