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Shares of nCino Inc (NASDAQ:NCNO) rose sharply in pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued first-quarter sales guidance above estimates. Also, the company issued FY27 sales guidance with its midpoint above estimates.
nCino posted non-GAAP EPS of $0.37, far surpassing the $0.15 analyst estimate by 146.67%, marking its third straight quarter of triple-digit EPS beats.
Fourth-quarter revenue for the company grew 6% year over year to $149.7 million, exceeding the $147.57 million analyst estimate by 1.44%.
nCino shares jumped 18% to $17.68 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Hub Cyber Security Ltd (NASDAQ:HUBC) gained 56.7% to $0.16 in pre-market trading after the company announced leadership transition.
- Binah Capital Group Inc (NASDAQ:BCG) gained 52.8% to $3.07 in pre-market trading after the independent financial advisor network reported fourth-quarter revenue growth of 13.2% and generally accepted accounting principles profitability in its first full year as a public company.
- Xiao-I Corp (NASDAQ:AIXI) gained 37.5% to $0.16 in pre-market trading. Xiao-I shares gained 18% on Tuesday after the company issued an additional material update on its variable interest entity’s ongoing patent infringement lawsuit against Apple.
- DeFi Technologies Inc (NASDAQ:DEFT) rose 35.4% to …
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