nCino Forecasts Fiscal 2027 Revenue Between $644M-$647M Amid Adjusted U.S. Mortgage Outlook
nCino (NASDAQ: NCNO) has provided an updated revenue forecast for fiscal year 2027, projecting earnings between $644 million and $647 million. The company also announced a revised outlook for the U.S. mortgage sector due to ongoing market challenges impacting its business performance in that area. During Q2 of fiscal 2027, nCino outperformed all financial guidance metrics according to management commentary from CEO Sean. This strong performance has positioned the firm well as it moves into the second half of the year and beyond. The company remains focused on delivering value despite adjustments in its mortgage segment. The revised U.S. mortgage outlook reflects broader industry headwinds, which have led nCino to scale back expectations for that particular business line while maintaining confidence in overall growth prospects.
Tickers: $NCNO
Topics: earnings financial performance guidance