ServiceNow Earnings Top Estimates On Big Deals Despite Coronavirus [Investor's Business Daily]
ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
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US:NYSE Investor Relations:
servicenow.com/company/investor-relations.html
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Source: Investors Business Daily
Related news ServiceNow earnings and revenue topped Wall Street's first-quarter estimates on Wednesday as the company managed to close big deals despite the coronavirus lockdown. ServiceNow stock rose on the news in extended trading. Santa Clara, Calif-based ServiceNow ( NOW ) earnings rose 63% vs. a year earlier to $1.09 a share adjusted. The enterprise software maker's revenue climbed 33% to $1.046 billion. A year earlier, ServiceNow earned 67 cents a share on sales of $789 million. Analysts expected ServiceNow earnings of 95 cents a share on revenue of $1.02 billion for the period ended March 31. In addition, the software maker said subscription revenue rose 34% to $995 million, topping estimates of $978.4 million. During the quarter, ServiceNow said it closed 37 transactions with more than $1 million in net new annual contract value, representing 48% year-over-year growth. "In Q1, we exceeded the high end of our guidance for subscription revenues and billings and delivered another
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NOW
Earnings
- 10/23/24 - Beat
NOW
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- NOW's page on the SEC website