nCino Reports Fourth Quarter and Fiscal Year 2021 Financial Results
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nCino, Inc. (NCNO) Misses Q4 EPS by 5c, Revenues Beat; Offers 1Q & FY22 EPS/Revenue Guidance Above Consensus
March 31, 2021 4:15 PM EDTnCino, Inc. (NASDAQ: NCNO) reported Q4 EPS of ($0.14), $0.05 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $56.6 million versus the consensus estimate of $53.28 million.
Financial Highlights
Revenues: Total revenues for the fourth quarter were $56.6 million, a 47% increase from $38.5 million in the fourth quarter of fiscal 2020. Subscription revenues for the fourth quarter were $45.0 million, up from $31.5 million one year ago, an increase of 43%. Total revenues for fiscal year 2021 were $204.3 million, a 48% increase from $138.2 million in fiscal year 2020. Subscription revenues for fiscal year 2021 were $162.4 million, up from $103.3 million one... More