SANTA CLARA, Calif. (AP) _ ServiceNow Inc. (NOW) on Wednesday reported fourth quarter net income of $ 26 million.
The Santa Clara, California -based company said it has a profit of 13 cents per share. Revenues, adjusted for one -time benefits and costs, amounted to $ 1.46 per share.
The results exceeded Wall Street expectations. The average estimate of 13 analysts reviewed by Zacks Investment Research is for earnings of $ 1.43 per share.
The software maker that automates the company’s technology operations posted revenue of $ 1.61 billion at the time, which also exceeded Street forecasts. Ten analysts expect Zacks to analyze $ 1.6 billion.
For the year, the company reported a profit of $ 230 million, or $ 1.13 per share. Revenue was reported as $ 5.9 billion.
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