Why Investors Were So Cold on nCino Stock This Week

nCino's (NASDAQ: NCNO) top news item over the past few stock trading sessions was its second quarter of fiscal 2025 results. While the fintech's trailing numbers looked decent when matched against analyst projections, there were concerns about its guidance. Those concerns resulted in a sell-off, to the point where as of Friday before market open the stock's price was heading south by nearly 14% week to date. That's according to data compiled by S&P Global Market Intelligence.Many probably would have been satisfied by nCino's news if it weren't for that guidance.Total revenue and subscription revenue both rose in the mid-teen percentages year over year, coming in at a respective $132.4 million and $113.9 million for the period ended July 31. The fintech's non-GAAP (adjusted) net loss deepened, but not to an alarming degree for an ambitious young fintech -- it was just short of $16 million ($0.14 per share), against $11 million in the year-ago period. Both results edged past analyst estimates. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool