nCino (NASDAQ:NCNO) shares surged more than 19% intra-day today following the release of Q4 earnings that surpassed expectations. The financial technology firm reported earnings per share of $0.21, exceeding the $0.12 forecast by analysts, though its revenue of $123.7 million was just shy of the $124.7 million estimate.
For the upcoming first quarter, nCino predicts its adjusted earnings per share will be between 13 and 14 cents, outpacing the anticipated 12 cents. Its projected revenue range of $126.0 million to $127.0 million, however, falls below the expected $128.8 million.
Looking forward to the fiscal year 2025, nCino is aiming for earnings per share between $0.60 and $0.64, surpassing the consensus estimate of $0.56. Nonetheless, its forecasted revenue of $538.5 million to $544.5 million for the year does not quite reach the $545.7 million analysts had estimated.