05:02 AM EDT, 04/02/2025 (MT Newswires) -- (Updates with the latest stock move in the headline and the first paragraph.)

NCino ( NCNO ) shares were down 31% in recent premarket activity Wednesday after the company's fiscal Q4 earnings dropped from a year earlier, while its guidance lagged Wall Street estimates.

The company reported fiscal Q4 non-GAAP earnings late Tuesday of $0.12 per diluted share, down from $0.21 a year earlier.

Analysts polled by FactSet expected $0.19.

Revenue in the three months ended Jan. 31 rose to $141.4 million from $123.7 million a year earlier.

Analysts surveyed by FactSet expected $140.9 million.

The company expects fiscal Q1 non-GAAP diluted EPS of $0.15 to $0.16 on revenue of $138.8 million to $140.8 million.

Analysts polled by FactSet project EPS of $0.21 on revenue of $145.2 million.

The company expects non-GAAP diluted EPS of $0.66 to $0.69 on revenue of $574.5 million to $578.5 million in the 2026 fiscal year.

Analysts surveyed by FactSet forecast EPS of $0.88 on revenue of $612.1 million.

The company said its board approved a buyback program of up to $100 million in common stock.