For the current quarter, ServiceNow is guiding for sales to come in between $2.995 billion and $3 billion -- representing growth of 18.75% year over year at the midpoint of the target. Remaining performance obligations at the end of the period are projected to be up 19.5%.
Investor's Business Daily on MSN10h
ServiceNow Tumbles On 2025 Growth Targets Amid High Investor ExpectationsServiceNow reported Q4 earnings that topped estimates but shares fell on lower-than-expected subscription revenue growth in 2025.
ServiceNow reported a mixed fourth quarter, forecasting subscription revenue that was just shy of Wall Street estimates, sending the stock lower in after-hours trading. ServiceNow reported adjusted earnings of $3.
The decline in ServiceNow’s share price comes in the wake of a "lackluster outlook" for 2025 subscription growth on a slower artificial intelligence sales bump,"
ServiceNow sees FY25 subscription revenue growth
· 1d · on MSN
ServiceNow Forecasts Slightly Slower Growth After Revenue Jumps
ServiceNow Forecasts Slightly Slower Growth After 4Q Revenue Jumps 21%
ServiceNow forecast slightly slower growth ahead after posting 21% revenue growth in the fourth-quarter. The cloud-based software company on Wednesday reported a profit of $384 million, or $1.83 a share, compared with a profit of $295 million, or $1.43 a share, in the year-ago quarter.
ServiceNow sees FY25 subscription revenue growth up 19.5%-20.0%
Sees FY25 operating margin 30.5%. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on N
ServiceNow reported a mixed fourth quarter, forecasting subscription revenue that was just shy of Wall Street estimates. ServiceNow reported adjusted earnings of $3.67 a share after the stock market closed on Wednesday,
ServiceNow forecast annual subscription revenue below Wall Street estimates on Wednesday, affected by a strong U.S. dollar and a planned shift in its monetization model, sending its shares down 8% in extended trading.
ServiceNow reported adjusted earnings of $3.67 a share after the stock market closed on Wednesday, while the consensus call among Wall Street analysts tracked by FactSet was $3.65 a share.
ServiceNow on Wednesday also reported 21% revenue growth in its fourth quarter and higher profit. Chief Executive Bill McDermott said the company is in the early innings of an opportunity spurred by the rise of AI. Write to Paul Ziobro at [email protected]
ServiceNow remains a top-tier software leader with sustainable growth potential, according to Goldman Sachs analyst Kash Rangan. The company is expected to report strong subscription revenue growth and solid cRPO growth in FY24.
ServiceNow (NYSE: NOW) is one of the most well-known software companies. It is in the cloud and data storage industry, so it has been quite a hot name over the past few months. In fact, NOW stock is still up 25% despite the recent decline.
The stock of ServiceNow (NOW) is down 10% after the software company reported mixed fourth-quarter financial results and issued weak forward
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