NYSE - Delayed Quote USD

ServiceNow, Inc. (NOW)

716.25

-30.04

(-4.03%)

At close: April 25 at 4:00 PM EDT

723.00

+6.75

(+0.94%)

After hours: April 25 at 7:59 PM EDT

Demand for Gen AI is incredibly strong: ServiceNow CFO

Shares of ServiceNow (NOW) are dipping on Thursday despite the company posting first quarter results that show revenue increased 24% to $2.6 billion. However, the company reported a sales growth forecast for the second quarter that was slightly softer than analysts had been expecting. ServiceNow CFO Gina Mastantuono joins Yahoo Finance to give insight into the company's performance, its focus on generative AI, and more. Mastantuono talks about the fervor over generative AI: "Every CEO and CFO I'm talking to is leaning into what gen AI can do for their business. IDC is talking about $11 trillion impact from gen AI over the next three years, and businesses spending half a trillion in US dollars on AI by 2027, and so we've been innovating on the platform with our gen AI SKUs. In fact, we just launched, two quarters ago, in our gen AI SKUs are the fastest growing product launch we've seen in our history. It's been in seven of the top ten deals this year included gen AI. We have customers like Microsoft (MSFT), Novartis (NVS), Hitachi Energy really leaning into our gen AI offerings and it's continuing to innovate on the platform and giving our customers more capabilities as they look to strengthen their AI strategies over the coming year." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino

Yahoo Finance Video 15 hours ago

NOW
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13 Best Growth Stocks To Invest In For the Next 5 Years

In this article, we discuss 13 best growth stocks to invest in for the next 5 years. If you want to skip our discussion on the stock market landscape, head over to 5 Best Growth Stocks To Invest In For the Next 5 Years. Despite facing fluctuations and pressures, the U.S. stock market has shown […]

Insider Monkey 8 hours ago

^GSPC

PLTR

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Why ServiceNow Stock Was Sliding Today

Shares of the IT giant pulled back on disappointing guidance.

Motley Fool 11 hours ago

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ServiceNow (NOW) Q1 Earnings Beat Estimates, Revenues Up Y/Y

ServiceNow's (NOW) first-quarter 2024 results reflect strong uptake of the company's digital workflow and growing demand for generative AI solutions.

Zacks 14 hours ago

NOW
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Why ServiceNow (NOW) Shares Are Falling Today

Shares of enterprise workflow software maker ServiceNow (NYSE:NOW) fell 7.6% in the morning session after the company reported first-quarter earnings results. One negative was that calculated billings missed by 0.5%, and large customer net adds slowed a bit from historical pace. Guidance was another reason why the stock traded down. Subscription revenue guidance for next quarter missed by about 3% and implies 22% (constant currency) growth, further deceleration from this quarter. Full year guida

StockStory 15 hours ago

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NVDA
Q1 2024 ServiceNow Inc Earnings Call

Q1 2024 ServiceNow Inc Earnings Call

Thomson Reuters StreetEvents 17 hours ago

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ServiceNow Earnings Beat, Guidance Light. Investor Day Set For May 6.

ServiceNow stock fell after the software maker reported Q1 earnings and revenue that topped estimates while guidance came in slightly below views.

Investor's Business Daily 18 hours ago

NOW
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ServiceNow Inc (NOW) (Q1 2024) Earnings Call Transcript Highlights: Stellar Growth and ...

ServiceNow Inc (NOW) reports robust Q1 2024 earnings with significant revenue growth, margin expansion, and strategic advancements in AI and customer engagement.

GuruFocus.com 23 hours ago

NOW
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ServiceNow (NOW) Q1 2024 Earnings Call Transcript

NOW earnings call for the period ending March 31, 2024.

Motley Fool yesterday

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Compared to Estimates, ServiceNow (NOW) Q1 Earnings: A Look at Key Metrics

The headline numbers for ServiceNow (NOW) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks yesterday

NOW
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ServiceNow Projects Sales That Fall Short of Expectations

(Bloomberg) -- ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ estimates, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingMalaysia in Talks With Tycoons on Casino to Rev

Bloomberg yesterday

NOW
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ServiceNow Inc (NOW) Q1 2024 Earnings: Surpasses Analyst Revenue Forecasts

Comprehensive Analysis of Financial Performance and Future Outlook

GuruFocus.com yesterday

NOW
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ServiceNow earnings, Whirlpool job cuts: After-Hours Movers

ServiceNow, Inc. (NOW) shares drop in the after-hours trading session after its second-quarter sales forecast disappointed investors. Appliance maker Whirlpool Corporation's (WHR) stock ticks up on news it will be cutting 1,000 jobs to cut costs and offset weakening demand. Whirpool is set to report earnings on Thursday, April 25. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.

Yahoo Finance Video yesterday

WHR

NOW
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ServiceNow (NOW) Beats Q1 Earnings and Revenue Estimates

ServiceNow (NOW) delivered earnings and revenue surprises of 8.25% and 0.62%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks yesterday

NOW
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ServiceNow Earnings Beat Estimates as AI Stays in Focus, But the Stock Is Sliding

ServiceNow latest financial results edged Wall Street estimates, as the digital workflow software company continues to talk up new artificial-intelligence enhancements across its product line. ServiceNow on Wednesday reported revenue of $2.6 billion for the first quarter, up 24% from a year ago and a touch above consensus as tracked by FactSet at $2.59 billion. Subscription revenue was $2.523 billion in the period, up 25% and slightly ahead of the company’s guidance range of $2.51 billion to $2.52 billion.

Barrons.com yesterday

NOW
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ServiceNow (NYSE:NOW) Posts Q1 Sales In Line With Estimates But Contract Wins Slow Down

Enterprise workflow software maker ServiceNow (NYSE:NOW) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 24.2% year on year to $2.60 billion. It made a non-GAAP profit of $3.41 per share, improving from its profit of $2.37 per share in the same quarter last year.

StockStory yesterday

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ServiceNow forecasts weak quarterly revenue as businesses trim spending

(Reuters) -ServiceNow on Wednesday forecast second-quarter subscription revenue below market expectation as businesses spend cautiously in a tough economy, sending the cloud software provider's shares down nearly 5% in trading after the bell. The company has been deploying GenAI technologies in its products as businesses look to optimize and automate operations using such tools. It expects subscription revenue between $2.525 billion and $2.530 billion in the second quarter, below estimates of $2.54 billion, according to LSEG data.

Reuters yesterday

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ServiceNow profit more than doubles on boost from AI-enabled software

ServiceNow said on Wednesday its first-quarter profit more than doubled, as the software firm attracted more clients for its generative artificial intelligence-infused tools. The cloud software provider has been deploying GenAI technologies in its products as businesses look to optimize and automate operations using such tools. "Ten of the top 20 deals of the company have been distinguised with GenAI in mind; it is starting to show, because we have deals with $10 million and more grow 300% year over year," CEO Bill McDermott told Reuters.

Reuters yesterday

NOW
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ServiceNow Reports First Quarter 2024 Financial Results

SANTA CLARA, Calif., April 24, 2024--ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced financial results for its first quarter ended March 31, 2024, with subscription revenues of $2,523 million in Q1 2024, representing 25% year-over-year growth and 24.5% in constant currency.

Business Wire yesterday

NOW
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5 Intriguing Earnings Charts Including a Gold Miner

4 of these companies are trading near their all-time highs and then there is the gold producer.

Zacks yesterday

XOM

TSCO

NOW
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Performance Overview

Return	NOW	S&P 500
YTD	+1.38%	+5.84%
1-Year	+51.43%	+22.03%
3-Year	+29.59%	+20.77%

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ServiceNow, Inc. (NOW)

Demand for Gen AI is incredibly strong: ServiceNow CFO

13 Best Growth Stocks To Invest In For the Next 5 Years

Why ServiceNow Stock Was Sliding Today

ServiceNow (NOW) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Why ServiceNow (NOW) Shares Are Falling Today

Q1 2024 ServiceNow Inc Earnings Call

ServiceNow Earnings Beat, Guidance Light. Investor Day Set For May 6.

ServiceNow Inc (NOW) (Q1 2024) Earnings Call Transcript Highlights: Stellar Growth and ...

ServiceNow (NOW) Q1 2024 Earnings Call Transcript

Compared to Estimates, ServiceNow (NOW) Q1 Earnings: A Look at Key Metrics

ServiceNow Projects Sales That Fall Short of Expectations

ServiceNow Inc (NOW) Q1 2024 Earnings: Surpasses Analyst Revenue Forecasts

ServiceNow earnings, Whirlpool job cuts: After-Hours Movers

ServiceNow (NOW) Beats Q1 Earnings and Revenue Estimates

ServiceNow Earnings Beat Estimates as AI Stays in Focus, But the Stock Is Sliding

ServiceNow (NYSE:NOW) Posts Q1 Sales In Line With Estimates But Contract Wins Slow Down

ServiceNow forecasts weak quarterly revenue as businesses trim spending

ServiceNow profit more than doubles on boost from AI-enabled software

ServiceNow Reports First Quarter 2024 Financial Results

5 Intriguing Earnings Charts Including a Gold Miner

Performance Overview