Investing.com - Ncino reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ncino announced earnings per share of $-0.04 on revenue of $99.63M. Analysts polled by Investing.com EPS of $-0.077 on revenue of $97.51M.
Ncino 's are down 27% and is trading at $29.36 , still down 63.04% from its 52 week high of $79.43 set on Friday, September 17, 2021.
Ncino follows other major Information Technology sector earnings this month
Ncino's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, EPS of $0.4991 on revenue of $6.7B.
Broadcom had beat expectations on Thursday with third quarter EPS of $9.73 on revenue of $8.46B, for EPS of $9.56 on revenue of $8.41B.
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