Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

ServiceNow Earnings: AI Fuels Momentum

TheMotleyFool 
0 0 23.07.25
ServiceNow Earnings: AI Fuels MomentumPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/12e2798a-1095-4653-8f49-2a7aee633b4e.png
 

Here's our initial take on 's (NYSE: NOW) financial report.

ServiceNow handily beat analyst expectations in the second quarter, with revenue growth of 22.5% and adjusted EPS growth of 31%. Remaining performance obligations, which measures the future revenue of existing contracts with customers, soared 29% to $23.9 billion.

Artificial intelligence was a key growth driver during the quarter. "Our beat‑and‑raise quarter showcases the mission‑critical nature of the ServiceNow AI Platform. Every business process in every industry is being refactored for agentic AI," said ServiceNow CEO Bill McDermott.

Continue reading


Source Fool.com

ServiceNow Inc. Stock

€109.60
1.480%
There is an upward development for ServiceNow Inc. compared to yesterday, with an increase of €1.60 (1.480%).
With 120 Buy predictions and 4 Sell predictions ServiceNow Inc. is one of the favorites of our community.
As a result the target price of 131 € shows a slightly positive potential of 19.53% compared to the current price of 109.6 € for ServiceNow Inc..
Show more
Like: 0
NOW
Share

Comments

Not a member yet? Sign up for free!