Shares of nCino (NASDAQ:NCNO) plummeted 19.59% in after-hours trading on Tuesday following the release of its fourth-quarter fiscal 2025 earnings report. The cloud-based software company for the financial services industry disappointed investors with lower-than-expected earnings and guidance.

nCino reported quarterly earnings of $0.12 per share, missing the analyst consensus estimate of $0.19 by 36.84%. This represents a significant decrease from earnings of $0.21 per share in the same period last year. While the company's revenue slightly beat expectations at $141.37 million, up 14.29% year-over-year, the earnings miss overshadowed this modest top-line growth.

Adding to investor concerns, nCino provided weaker-than-anticipated guidance for both the upcoming quarter and fiscal year 2026. The company forecasts Q1 non-GAAP earnings per share between $0.15 and $0.16, below the analyst consensus of $0.21. For fiscal 2026, nCino projects non-GAAP earnings per share of $0.66 to $0.69, falling short of the $0.88 Wall Street estimate. Revenue guidance for fiscal 2026 was also lower than expected, ranging from $574.5 million to $578.5 million, compared to analyst projections of $612.6 million. In an attempt to boost investor confidence, nCino announced a $100 million stock repurchase program. However, this move appears to have done little to offset the negative sentiment surrounding the earnings report and guidance.