The SANTA CLARA, Calif. (AP) _ ServiceNow Inc. (NOW) on Wednesday reported second-quarter net income of $20 million.
The Santa Clara, California-based company said it had net income of 10 cents per share. Earnings, adjusted for one-time gains and expenses, were $1.62 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research is for earnings of $1.53 per share.
The maker of software that automates companies’ technology operations posted revenue of $1.75 billion in the period, missing Street estimates. The nine analysts Zacks surveyed expected $1.76 billion.
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