Recap: Ncino Q1 Earnings

Ncino NCNO reported its Q1 earnings results on Wednesday, May 31, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Ncino beat estimated earnings by 40.0%, reporting an EPS of $0.07 versus an estimate of $0.05.

Revenue was up $19.46 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 2.42% increase in the share price the next day.

Here's a look at Ncino's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	-0.05	-0.02	-0.08	-0.08
EPS Actual	0.04	-0.01	-0.04	-0.06
Revenue Estimate	104.58M	103.46M	97.46M	91.38M
Revenue Actual	109.18M	105.30M	99.63M	94.21M

To track all earnings releases for Ncino visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.