
nCino CEO reveals how 12% revenue jump to $148.8M sparked after-hours buying frenzy
Key Points
- nCino reported a strong 12% revenue growth, driven primarily...
nCino just served up earnings that had traders reaching for their wallets faster than free samples at Costco. The banking software company posted a solid 12% year-over-year revenue growth, hitting $148.8 million and sending its stock price bouncing in after-hours trading like a rubber ball in a phone booth.
Mortgage Magic Makes Money
The real star of this show wasn't nCino's charm - it was their mortgage business, which grew 22% year-over-year. While everyone else was wringing their hands about interest rates, nCino quietly built subscription revenues of $130.8 million, proving that some...
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