ServiceNow, Inc. (NYSE: NOW)-ServiceNow: Third Quarter Earnings Insights

ServiceNow,

Share of Current service New York Stock Exchange ticker: NOW) fell 3.15% in after-hours trading. Quarterly earnings per share increased by 22.22% year-on-year, reaching $1.21, exceeding expectations.

Quarterly performance

Earnings per share increased by 22.22% year-on-year to US$1.21, exceeding expectations of US$1.03.

Revenue was 1.152 billion U.S. dollars, an increase of 30.05% over the same period last year, and exceeded the expected 1.110 billion U.S. dollars.

Appearance

ServiceNow sees subscription sales of $1.141B-$1.146B in the fourth quarter; fiscal year 20 adjusted sales of $4.21B-$4.256B

How to listen to a conference call

Date: October 28, 2020

Time: 05:00 PM

ET webcast URL: https://event.on24.com/wcc/r/2625181/2EDD61CDBF24CB6EFA12EEA3458C583D

Technical Information

52-week high: $533.37

52-week low: $234.06

Price trend in the last quarter: 12.20%

Company Profile

ServiceNow Inc provides software solutions to build and automate various business processes through the SaaS delivery model. The company mainly focuses on providing IT functions to corporate customers. ServiceNow started with IT Service Management (ITSM) and expanded in IT functions. Recently, it has introduced its workflow automation logic to functional areas outside of IT, especially customer service, HR service delivery and security operations. ServiceNow also provides an application development platform as a service (PaaS).

#ServiceNow #NYSE #NOWServiceNow #Quarter #Earnings #Insights

More from Source

Leave a Comment