NCino, Inc. Reaffirms Revenue Guidance for the Fourth Quarter and Fiscal Year Ending January 31, 2023
January 18, 2023 at 04:05 pm EST
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nCino, Inc. reaffirmed revenue guidance for the fourth quarter and fiscal year ending January 31, 2023. For the quarter, the company expects total revenues between $104 million and $105 million.
For the year, the company expects total revenues between $403 million and $404 million.
nCino, Inc. is a global provider of cloud banking solutions for the global financial services industry. The Company offers nCino Bank Operating System, which is a single, multi-tenant software-as-a-service solution that connects financial institutions (FI) employees, their clients and third parties on a single, cloud-based platform, eliminating silos and bringing new levels of coordination and transparency to the FI. This platform provides all the functionality necessary to complete workflow, enabling client onboarding, loan origination, deposit account opening, analytics and compliance. The nCino Bank Operating System also delivers data analytics and artificial intelligence and machine learning (AI/ML) capabilities through its nCino IQ application suite to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring and managing credit risk, as well as to improve their ability to comply with regulatory requirements.