ServiceNow: Q1 Snapshot of Revenues

SANTA CLARA, Calif. (AP) _ ServiceNow Inc. (NOW) on Wednesday reported first quarter revenue of $ 75 million.

On a per-share basis, the Santa Clara, California-based company said it had a profit of 37 cents. Earnings, adjusted for one -time gains and expenses, were $ 1.73 per share.

The results exceeded Wall Street expectations. The average estimate of 13 analysts reviewed by Zacks Investment Research is for earnings of $ 1.69 per share.

The software maker that automates the company’s technology operations posted revenue of $ 1.72 billion at the time, also beating Street forecasts. Nine analysts expect Zacks to analyze $ 1.69 billion.


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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access Zacks stock report NOW at https://www.zacks.com/ap/NOW

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