04:29 PM EDT, 08/27/2024 (MT Newswires) -- NCino ( NCNO ) reported fiscal Q2 non-GAAP earnings late Tuesday of $0.14 per diluted share, up from $0.09 a year earlier.

Analysts polled by Capital IQ expected $0.13.

Revenue in the quarter ended July 31 rose to $132.4 million from $117.2 million a year earlier.

Analysts surveyed by Capital IQ expected $131.1 million.

The company expects Q3 non-GAAP EPS of $0.15 to $0.16 on revenue of $136 million to $138 million.

Analysts polled by Capital IQ expect EPS of $0.16 on revenue of $138.7 million.

For fiscal 2025, the company raised non-GAAP EPS guidance to $0.66 to $0.69 from $0.65 to $0.68 and reiterated its revenue outlook of $538.5 million to $544.5 million.

Analysts surveyed by Capital IQ expect EPS of $0.67 on revenue of $541.7 million.

The shares of nCino fell 8.8% in after-hours activity.

Price: 31.50, Change: -3.03, Percent Change: -8.77