Stocks in Action USA: nCino, Kohl’s, MongoDB
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The fintech platform nCino reported significantly better results in the second quarter of 2026 than analysts expected and simultaneously raised its annual forecast. Revenue increased by 12%, while adjusted earnings per share were $0.22, exceeding expectations of $0.20. Subscription revenue, the company's primary source of income, grew by 15% to $130.8 million. Notably, the Non-GAAP operating income rose by 56% , indicating increased profitability and improved margins. nCino was able to strengthen its relationships with two top-50 US banks as well...
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