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The strong earnings beat and raised guidance indicate robust financial health, similar to historical performance boosts in tech firms. Notably, such earnings surprises often lead to sustained price increases.
What happened, with direct paths to the underlying reporting
NCNO's Q2 earnings beat estimates by 8 cents per share. Revenue increased to $148.4 million, surpassing expectations. Subscription revenue rose 15% year-over-year to $130.8 million. NCNO raised EPS guidance to 77-80 cents for fiscal 2026. Stock price increased 6.66% post-announcement, now at $30.70.
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