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【美股盘前】美国总统将20年来首次造访美联储;特朗普松绑AI监管,芯片股普涨;特斯拉跌超6%,Q2营收同比下降12%;谷歌涨超3%,Q2营收达964亿美元
Sou Hu Cai Jing· 2025-07-24 10:48
Group 1 - Major stock indices futures are up, with Dow futures rising by 0.50%, S&P 500 futures by 0.39%, and Nasdaq futures by 0.20% [1] - The Trump administration has announced an AI action plan, leading to a surge in chip stocks, with Broadcom up 2.6%, Nvidia up 1.5%, and AMD up 1.29% [1] - Tesla reported Q2 revenue of $22.5 billion, a 12% year-over-year decline, with earnings per share at $0.40, down 23% from the previous year, resulting in a stock drop of 6.56% [1] Group 2 - Google reported Q2 revenue of $96.4 billion and earnings per share of $2.31, exceeding analyst expectations, leading to a stock increase of 3.1% [2] - IBM's Q2 revenue was $73.9 billion, slightly below analyst expectations of $74.3 billion, resulting in a stock decline of 5.35% [3] - T-Mobile added 1.7 million postpaid customers in Q2, achieving its best quarterly performance, with stock rising by 5.20% [3] - Nokia's Q2 results fell short of expectations, with projected operating profit for the year revised down to between €1.6 billion and €2.1 billion [3] - ServiceNow reported Q2 profit of $385 million and revenue growth of approximately 23% to $3.22 billion, leading to a stock increase of 7.17% [4]
7月24日电,SaaS巨头ServiceNow股票在盘前交易中上涨超7%。此前,公司上调年度订阅营业收入预测。
news flash· 2025-07-24 08:35
智通财经7月24日电,SaaS巨头ServiceNow股票在盘前交易中上涨超7%。此前,公司上调年度订阅营业 收入预测。 ...
Big Q2 Earnings Afternoon After Strong Day on the Markets
ZACKS· 2025-07-23 23:41
Market Overview - The markets experienced a strong trading session, driven by a new trade deal with the Japanese auto industry, with the Dow gaining 507 points (+1.14%) and the S&P 500 reaching a new all-time closing high of 6358 (+0.78%) [1] Existing Home Sales - Existing Home Sales fell to 3.93 million, the lowest since September of the previous year, while the average sale price rose to a record high of $435,300 for June [2] Q2 Earnings Reports - **Alphabet (GOOGL)**: Reported earnings of $2.31 per share, exceeding expectations of $2.15, with revenues of $81.7 billion, up 14% year over year [3] - **YouTube**: Ad revenue increased by nearly 13% to $9.8 billion, with a services margin above 40% [4] - **Tesla (TSLA)**: Reported earnings of 33 cents per share, missing the consensus of 39 cents, with revenues of $22.5 billion, slightly above estimates [5] - **IBM**: Earnings of $2.80 per share surpassed estimates of $2.64, with revenues of $16.98 billion, exceeding expectations of $16.58 billion [6] - **Chipotle (CMG)**: Earnings of 33 cents per share beat estimates by a penny, but revenues were flat at $3.10 billion, with comparable sales down 4% [7] - **ServiceNow (NOW)**: Achieved earnings of $4.09 per share, significantly above the projected $3.54, with revenues of $3.22 billion, up 22.5% year over year [8] Upcoming Economic Indicators - Anticipated reports include Weekly Jobless Claims, flash S&P Services and Manufacturing PMI for July, and New Home Sales for June [9]
ServiceNow(NOW) - 2025 Q2 - Quarterly Report
2025-07-23 23:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Table of Contents FORM 10-Q (Mark One) ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-35580 SERVICENOW,INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Dela ...
ServiceNow (NOW) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-23 23:01
Group 1 - ServiceNow reported $3.22 billion in revenue for the quarter ended June 2025, a year-over-year increase of 22.4% [1] - The EPS for the same period was $4.09, compared to $3.13 a year ago, indicating a significant growth [1] - The reported revenue exceeded the Zacks Consensus Estimate of $3.12 billion, resulting in a surprise of +3.02% [1] Group 2 - The company delivered an EPS surprise of +15.54%, with the consensus EPS estimate being $3.54 [1] - Current Remaining Performance Obligations (cRPO) were $10.92 billion, surpassing the $10.48 billion average estimate [4] - Remaining Performance Obligations (RPO) totaled $23.90 billion, compared to the $22.11 billion average estimate [4] Group 3 - Revenues from Professional services and other reached $102 million, exceeding the $88.78 million estimated by analysts [4] - Subscription revenues were $3.11 billion, compared to the $3.03 billion estimated by analysts, reflecting a +22.5% change year-over-year [4] - Gross Profit (Non-GAAP) from Subscription was $2.59 billion, slightly above the $2.53 billion estimated by analysts [4]
ServiceNow (NOW) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-07-23 22:20
Core Viewpoint - ServiceNow reported quarterly earnings of $4.09 per share, exceeding the Zacks Consensus Estimate of $3.54 per share, and up from $3.13 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +15.54%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - ServiceNow's revenues for the quarter reached $3.22 billion, surpassing the Zacks Consensus Estimate by 3.02%, and up from $2.63 billion year-over-year [3] Stock Performance - ServiceNow shares have declined approximately 9.2% since the beginning of the year, contrasting with the S&P 500's gain of 7.3% [4] - The current Zacks Rank for ServiceNow is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $4.21 on revenues of $3.29 billion, and for the current fiscal year, it is $16.55 on revenues of $13.01 billion [8] - The industry outlook is critical, with the Computers - IT Services sector currently in the bottom 29% of Zacks industries, which may impact stock performance [9]
ServiceNow(NOW) - 2025 Q2 - Earnings Call Transcript
2025-07-23 22:02
Financial Data and Key Metrics Changes - Subscription revenue for Q2 was $3,113 million, growing 21.5% year-over-year in constant currency, exceeding guidance by 200 basis points [26] - Remaining Performance Obligations (RPO) ended at approximately $23,900 million, representing 25.5% year-over-year constant currency growth [26] - Current RPO was $10,920 million, reflecting 21.5% year-over-year constant currency growth, also a 200 basis point beat versus guidance [26] - Operating margin was 29.5%, over 250 basis points above guidance, while free cash flow margin was 16.5%, up 300 basis points year-over-year [31] Business Line Data and Key Metrics Changes - Technology workflows had 40 deals over $1 million, including four over $5 million [7] - CRM and industry workflows showed strong momentum with 17 of the top 20 deals over $1 million [7] - ITAM Now Assist net new ACV surged nearly six times quarter-over-quarter, with average deal sizes more than tripling [29] - ITSM Plus and CSM Plus deal volume quadrupled year-over-year, while ITOM Plus tripled and HRSD Plus doubled [30] Market Data and Key Metrics Changes - Transportation and logistics delivered over 100% year-over-year net new ACV growth [26] - Technology, media, and telecom sectors grew over 70% year-over-year, while retail and hospitality, and energy and utilities each grew over 50% year-over-year [27] - The company achieved a robust 98% renewal rate, showcasing its strategic importance as an AI platform for business transformation [27] Company Strategy and Development Direction - The company is focused on AI, data, and workflows as key growth drivers, with a strong emphasis on integrating AI across all business functions [8][10] - The CRM opportunity is viewed as massive, with a shift towards autonomous front-end agents expected to render traditional CRM obsolete [14] - The acquisition of Logic AI is aimed at reimagining CRM and delivering a fully integrated AI-powered front office [15] Management's Comments on Operating Environment and Future Outlook - Management noted that the global environment is rapidly changing, with AI transformation being a top priority for enterprises [9] - The company remains confident in its guidance for Q3 and the remainder of 2025, despite challenges in the U.S. federal sector [33][49] - The outlook for 2025 has been raised, with subscription revenue expected to be between $12,775 million and $12,795 million, representing 20% year-over-year growth [34] Other Important Information - The company closed 89 deals greater than $1 million in net new ACV during the quarter, with 11 deals over $5 million [28] - The company ended Q2 with approximately $10,800 million in cash and investments, and bought back approximately 381,000 shares as part of its share repurchase program [31] Q&A Session Summary Question: What is driving the better-than-expected execution? - Management attributed the success to a strong culture and the transformative impact of AI on business models, leading to larger business cases across industries [40][42] Question: How is the federal sector performing? - Despite challenges, the federal team executed well, closing six new logos in Q2, and management is building prudence into their assumptions for the U.S. federal sector [48][49] Question: What are the immediate opportunities in front office workflows? - The CRM opportunity is significant, with a focus on sales and order management, and the company is addressing pain points in the market with its integrated solutions [62][64] Question: How is the demand environment changing? - Management indicated that the demand environment remains open for AI innovation, with companies needing an agentic AI layer to adapt to changing market conditions [85][88] Question: What is the outlook for operating margins? - Management is maintaining a conservative outlook for operating margins while investing in growth to meet demand for AI transformation [102][103]
ServiceNow(NOW) - 2025 Q2 - Earnings Call Transcript
2025-07-23 22:00
Financial Data and Key Metrics Changes - Subscription revenues for Q2 reached $3,113 million, growing 21.5% year over year in constant currency, exceeding guidance by 200 basis points [27] - Remaining Performance Obligations (RPO) ended at approximately $23,900 million, representing 25.5% year over year constant currency growth [27] - Current RPO was $10,920 million, reflecting 21.5% year over year constant currency growth, also a 200 basis point beat versus guidance [27] - Operating margin was reported at 29.5%, over 250 basis points above guidance, while free cash flow margin was 16.5%, up 300 basis points year over year [26][32] Business Line Data and Key Metrics Changes - Technology workflows had 40 deals over $1 million, including four over $5 million, while ITSM, ITOM, ITAM, Security, and Risk were involved in at least 15 of the top 20 deals [7] - CRM and industry workflows maintained strong momentum with 17 of the top 20 deals exceeding $1 million [7] - The Now Assist product line saw significant growth, with net new ACV for ITAM surging nearly six times quarter over quarter [30] Market Data and Key Metrics Changes - Transportation and logistics delivered over 100% year over year growth in net new ACV, while technology, media, and telecom grew over 70% year over year [28] - Retail and hospitality, as well as energy and utilities, also showed strength, each growing over 50% year over year [28] - The company achieved a robust 98% renewal rate, highlighting its strategic importance as an AI platform for business transformation [28] Company Strategy and Development Direction - The company is focused on integrating AI into its workflows, emphasizing the importance of cross-functional work in AI applications [9][45] - The acquisition of Logic AI is aimed at reimagining CRM, with a strong push into the front office and significant growth in CPQ [15][30] - The company is positioning itself as a leader in enterprise AI, with a vision of embedding AI agents into everyday tools rather than traditional CRM screens [14][67] Management's Comments on Operating Environment and Future Outlook - Management noted that the global environment is rapidly changing, with AI transformation being a top priority for enterprises across all industries [8][9] - The company remains confident in its guidance for Q3 and the remainder of 2025, despite navigating challenges in the U.S. federal sector [34][53] - The outlook for 2025 has been raised, with subscription revenue expected to reach between $12,775 million and $12,795 million, representing 20% year over year growth [34] Other Important Information - The company ended Q2 with approximately $10,800 million in cash and investments, and bought back approximately 381,000 shares as part of its share repurchase program [32] - The company is investing in AI talent and technical selling to meet the growing demand for AI transformation [110] Q&A Session Summary Question: What is driving the better-than-expected execution? - Management attributed the success to a strong culture and the transformative impact of AI, which has led to larger business cases across all industries [41][44] Question: How is the pipeline for federal activity? - Management indicated that despite uncertainties, the federal team executed well, closing six new logos in Q2, and they are building prudence into their assumptions for the U.S. federal sector [51][53] Question: Are customers using AI Control Tower as a central control plane? - Management confirmed that the AI Control Tower is designed to manage all agents, including third-party agents, and is expected to enhance collaboration across business processes [55][60] Question: What are the immediate opportunities in front office workflows? - Management highlighted significant opportunities in sales and order management, particularly in public sector entities looking to replace fragmented legacy CRM systems [66][69] Question: What drove the robust upside in revenue guidance? - Management noted strong net new ACV performance and better-than-expected on-prem performance, largely due to early renewals [120]
ServiceNow Earnings: AI Fuels Momentum
The Motley Fool· 2025-07-23 21:51
Core Insights - ServiceNow reported strong financial results for Q2 2024, with revenue growth of 22.5% and adjusted EPS growth of 31%, exceeding analyst expectations [2][3] - The company's remaining performance obligations increased by 29% to $23.9 billion, indicating robust future revenue potential [2][3] Financial Performance - Revenue for Q2 2024 was $2.63 billion, while Q2 2025 is projected at $3.22 billion, reflecting a 22.5% increase [2] - Adjusted EPS rose from $3.13 in Q2 2024 to $4.09 in Q2 2025, marking a 31% growth [2] - Subscription revenue is expected to grow from $2.54 billion in Q2 2024 to $3.11 billion in Q2 2025, also a 22.5% increase [2] Growth Drivers - Artificial intelligence played a crucial role in driving growth, with the CEO highlighting the importance of the ServiceNow AI Platform in transforming business processes across industries [4] - The company signed 89 new contracts worth at least $1 million in annual value during Q2, and has 528 customers spending over $5 million annually [5] Product Developments - ServiceNow introduced agentic workforce management, enhancing its AI capabilities by allowing users to manage and train AI agents directly on its platform [6] Market Reaction - Following the strong Q2 results, ServiceNow's shares rose approximately 7% in after-hours trading, recovering from a 9% decline year-to-date prior to the report [7] Future Guidance - For Q3, ServiceNow anticipates subscription revenue between $3.26 billion and $3.265 billion, representing a year-over-year growth of 20% to 20.5% [8] - The company expects remaining performance obligations to increase by 18.5% over the next year, with a full-year subscription revenue growth target of 20% [8] Strategic Outlook - ServiceNow's focus on AI, particularly agentic AI, is seen as a key long-term growth driver, although potential budget changes from U.S. federal government customers may pose challenges [9]
ServiceNow(NOW) - 2025 Q2 - Earnings Call Presentation
2025-07-23 21:00
Investor Presentation Second Quarter 2025 Safe Harbor and other information This presentation contains "forward‐looking" statements that are based on our management's beliefs and assumptions and on information currently available to management. Forward‐looking statements include information concerning our possible or assumed strategy, future operations, financing plans, operating model, financial position, future revenues, projected costs, competitive position, industry environment, potential growth opportu ...