nCino (NCNO) reported fiscal Q2 earnings late Tuesday of $0.05 per diluted share, swinging from a loss of $0.13 a year earlier.
Analysts polled by FactSet expected earnings of $0.03.
Revenue for the quarter ended July 31 was $161.0 million, up from $148.8 million a year ago.
Analysts expected $159.1 million.
The company expects fiscal Q3 revenue of $161.25 million to $163.25 million. Analysts expect $162.6 million.
For fiscal 2027, the company expects total revenue between $644.0 million and $647.0 million. Analysts expect $644.7 million.
nCino said its board has authorized a stock repurchase program under which it may repurchase up to an additional $100 million of its outstanding common shares.
Shares of nCino were down 8.8% in after-hours activity.