Accolade (NASDAQ:NCNO) posted its earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.04, Briefing.com reports. The firm had revenue of $48.77 million for the quarter, compared to analyst estimates of $45.20 million. The firm’s revenue for the quarter was up 52.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.08) EPS.
Shares of NASDAQ:NCNO traded down $2.19 during trading on Friday, reaching $82.01. The stock had a trading volume of 3,039 shares, compared to its average volume of 379,825. The firm’s fifty day moving average is $80.70. Accolade has a fifty-two week low of $66.82 and a fifty-two week high of $103.95.
In other Accolade news, Director Steven A. Collins bought 32,250 shares of the company’s stock in a transaction that occurred on Thursday, July 16th. The stock was purchased at an average cost of $31.00 per share, for a total transaction of $999,750.00. Also, insider Gregory Orenstein bought 1,000 shares of Accolade stock in a transaction that occurred on Thursday, July 16th. The shares were acquired at an average price of $31.00 per share, for a total transaction of $31,000.00.
Accolade Company Profile
nCino, Inc, a software- as- a- service company, provides cloud-based software applications for financial institutions in the United States and internationally. Its operating system offers customer relationship management, customer onboarding, account opening, loan origination, deposit accounts, workflow, credit analysis, enterprise content management, and instant reporting solutions.
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