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KNOWLEDGE24 | Aavenir to Showcase Generative AI Capabilities for Contract Management on ServiceNow
Prnewswire· 2024-04-25 14:12
Aavenir, a ServiceNow Advanced Platform partner, will unveil its latest Generative AI-powered contract lifecycle management solution at ServiceNow KNOWLEDGE24 in Las Vegas. Legal, procurement, and IT team attendees from across the globe will also witness Avy AI – Aavenir's Generative AI Assistant for contract management Live-in Action, as it marks its debut at KNOW24.   SANTA CLARA, Calif., April 25, 2024 /PRNewswire/ --  Aavenir, a global AI-Powered Source-to-Pay and Contract Lifecycle Management solutions ...
ServiceNow Stock Drops 4% Despite 24% Revenue Growth
Forbes· 2024-04-25 13:30
SUN VALLEY, IDAHO - JULY 07: CEO of ServiceNow Bill McDermott waves as he walks to lunch at the ... [+] Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. After a year hiatus due to the COVID-19 pandemic, the world’s most wealthy and powerful businesspeople from the media, finance, and technology worlds will converge at the Sun Valley Resort for the exclusive week-long conference. (Photo by Kevin Dietsch/Getty Images)Getty ImagesIf CEOs want their stock price to go up, their compan ...
Compared to Estimates, ServiceNow (NOW) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-24 23:01
ServiceNow (NOW) reported $2.6 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 24.2%. EPS of $3.41 for the same period compares to $2.37 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.59 billion, representing a surprise of +0.62%. The company delivered an EPS surprise of +8.25%, with the consensus EPS estimate being $3.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...
ServiceNow(NOW) - 2024 Q1 - Earnings Call Transcript
2024-04-24 22:24
ServiceNow, Inc. (NYSE:NOW) Q1 2024 Earnings Conference Call April 24, 2024 5:00 PM ET Company Participants Darren Yip - Vice President, Investor Relations Bill McDermott - Chairman & Chief Executive Officer Gina Mastantuono - Chief Financial Officer CJ Desai - President & Chief Operating Officer Conference Call Participants Kash Rangan - Goldman Sachs Karl Keirstead - UBS Matt Hedberg - RBC Capital Markets Brad Sills - Bank of America Securities Sanjit Singh - Morgan Stanley Keith Bachman - BMO Tyler Radke ...
ServiceNow (NOW) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-24 22:20
ServiceNow (NOW) came out with quarterly earnings of $3.41 per share, beating the Zacks Consensus Estimate of $3.15 per share. This compares to earnings of $2.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.25%. A quarter ago, it was expected that this maker of software that automates companies' technology operations would post earnings of $2.77 per share when it actually produced earnings of $3.11, delivering a surprise ...
ServiceNow(NOW) - 2024 Q1 - Earnings Call Presentation
2024-04-24 21:16
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ServiceNow Q1 2024 financial results beat EPS expectations by $0.28
Invezz· 2024-04-24 20:30
ServiceNow (NYSE: NOW) has demonstrated remarkable performance in the first quarter of 2024, surpassing analysts’ expectations with impressive financial results. However, despite the positive Q1 earnings report, the ServiceNow stock plummeted −36.79 (4.93%) in the after market hours, immediately after the earnings release, negating the +5.34 (0.72%) gains it had made on Wednesday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The company reported a N ...
ServiceNow(NOW) - 2024 Q1 - Quarterly Results
2024-04-24 20:11
ServiceNow Reports First Quarter 2024 Financial Results • ServiceNow exceeds guidance across all Q1 2024 topline growth and profitability metrics; raises midpoint of 2024 subscription revenues guidance range • Subscription revenues of $2,523 million in Q1 2024, representing 25% year-over-year growth, 24.5% in constant currency • Total revenues of $2,603 million in Q1 2024, representing 24% year-over-year growth, 24% in constant currency • Current remaining performance obligations of $8.45 billion as of Q1 2 ...
What to Do With ServiceNow (NOW) Stock Ahead of Q1 Earnings?
Zacks Investment Research· 2024-04-22 17:21
ServiceNow (NOW) is scheduled to release its first-quarter 2024 results on Apr 24.The workflow and IT operations management platform provider’s near-term results are expected to reflect the negative impacts of a challenging macroeconomic environment, including persistent inflation that has pushed back chances of an early rate cut by the Federal Reserve.Nevertheless, ServiceNow has been benefiting from the rising adoption of its workflows by enterprises undergoing digital transformation. NOW is benefiting fr ...
ServiceNow (NOW) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-04-16 22:56
The latest trading session saw ServiceNow (NOW) ending at $746.99, denoting a +1.52% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.12%.The maker of software that automates companies' technology operations's stock has dropped by 2.64% in the past month, falling short of the Computer and Technology sector's loss of 0.55% and the S&P 500's loss of 0.9%.The investment community will be closely moni ...