nCino Inc. (NASDAQ: NCNO) saw its stock surge 6.92% in after-hours trading following the release of its third-quarter fiscal year 2026 financial results, which exceeded analyst expectations.
The company reported Q3 revenue of $152.2 million, up 10% year-over-year and beating estimates of $147.2 million. Adjusted earnings per share came in at $0.31, significantly higher than the $0.20 consensus estimate. nCino also raised its fiscal 2026 revenue guidance to $591.9-$593.4 million, above the previous forecast of $585-$589 million.
CEO Sean Desmond attributed the strong performance to the company's advancing AI capabilities and expansion agreements with major banks. The company also announced the appointment of two new board members with expertise in AI and product innovation, further bolstering investor confidence.
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