ServiceNow reported Q4 earnings that topped estimates but shares fell on lower-than-expected subscription revenue growth in 2025.
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%.
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 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 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 Inc (NYSE:NOW) shares are trading lower Thursday after the company reported soft financial results for the fourth-quarter. Here's what you need to know.
The stock of ServiceNow (NOW) is down 10% after the software company reported mixed fourth-quarter financial results and issued weak forward
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 (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.
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]
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — ServiceNow Inc. (NOW) on Wednesday reported fourth-quarter profit of $384 million. The Santa Clara, California-based company said it had profit of $1.83 per share. Earnings, adjusted for stock option expense and non-recurring costs, came to $3.67 per share.