ServiceNow announced its financial results for the second quarter of 2020. Sales have increased to nearly 1.08 billion US dollars. Net income is 41 million U.S. dollars.
ServiceNow also achieved annual operating subscription revenue of $4 billion. Subscription revenue for the second quarter of 2020 was US$1.016 billion, an increase of 30% year-on-year, and 32% after adjusting for fixed exchange rates
In the second quarter of 2020, 40 transactions have been completed, with an annual contract value exceeding 1 million US dollars, of which two transactions have a contract value exceeding 10 million US dollars
In the second quarter of 2020, ServiceNow has 964 customers with an annual contract value of more than US$1 million, a year-on-year increase of 26%
“We have achieved good growth in North and South America and Europe, the Middle East, and Africa. I am very satisfied with these results. ServiceNow President and CEO Bill McDermott (pictured) said that all regions exceeded expectations, which makes Our second quarter results benefited.
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