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Financial Performance - ServiceNow reported $2 96 billion in revenue for Q4 2024, a 21 3% YoY increase [1] - EPS for the quarter was $3 67, up from $3 11 a year ago [1] - Revenue slightly exceeded the Zacks Consensus Estimate of $2 95 billion by 0 13% [1] - EPS surpassed the consensus estimate of $3 58 by 2 51% [1] Key Metrics Analysis - Current Remaining Performance Obligations (cRPO) - GAAP: $10 27 billion, slightly below the four-analyst average estimate of $10 45 billion [4] - Remaining Performance Obligations (RPO) - GAAP: $22 3 billion, slightly above the three-analyst average estimate of $22 17 billion [4] - Revenues from Professional services and other: $91 million, a 26 4% YoY increase, surpassing the nine-analyst average estimate of $77 75 million [4] - Revenues from Subscription: $2 87 billion, a 21 2% YoY increase, slightly below the nine-analyst average estimate of $2 88 billion [4] - Gross Profit (Non-GAAP) - Subscription: $2 42 billion, slightly above the eight-analyst average estimate of $2 40 billion [4] - Gross Profit (Non-GAAP) - Professional services and other: $7 million, below the eight-analyst average estimate of $8 32 million [4] Stock Performance - ServiceNow shares returned +10 4% over the past month, outperforming the Zacks S&P 500 composite's +1 7% change [3] - The stock currently has a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

ServiceNow (NOW) came out with quarterly earnings of $3.67 per share, beating the Zacks Consensus Estimate of $3.58 per share. This compares to earnings of $3.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.51%. A quarter ago, it was expected that this maker of software that automates companies' technology operations would post earnings of $3.46 per share when it actually produced earnings of $3.72, delivering a surprise ...

"ServiceNow closed out the year exceeding Q4 expectations on top of our 'beat and raise' track record," said ServiceNow Chairman and CEO Bill McDermott. "AI is fueling a top to bottom re-ordering of the enterprise technology landscape. Leaders are embracing the ServiceNow Platform as their AI agent control tower to unlock exponential productivity and seamlessly orchestrate end-to-end business transformation. We are still in the early days of a massive opportunity. ServiceNow's innovation, growth, and profit ...

ServiceNow (NOW) is scheduled to release its fourth-quarter 2024 results on Jan. 29. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter revenues is currently pegged at $2.95 billion, indicating 21.21% growth from the figure reported in the year-ago quarter.The consensus mark for earnings is pegged at $3.58 per share, indicating growth of 15.11% from the figure reported in the year-ago quarter. The earnings figure has remained unchanged ov ...

Cutting-edge business automation software developer ServiceNow (NOW 2.58%) easily surmounted the hump of Hump Day. Its share price rose by nearly 3% on the day thanks to news about its partner program. That was more than good enough to top the S&P 500 index's 0.6% increase.An important program gets a boostServiceNow announced at its annual Sales Kickoff event that it is expanding that program. The company said it has almost quadrupled its investments into aspects of the initiative, including fresh incentive ...

The market expects ServiceNow (NOW) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 29, 2025, might help the stock move higher if these key numbers ar ...

Abnormal Security, a startup selling email security software to companies, said on Wednesday that it's hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO.Abnormal is going after a longstanding market, which includes incumbents Mimecast and Proofpoint, adding a layer of artificial intelligence that spots attacks in email messages. Other startups such as Material Security and Sublime Security offer competitive email tools."We're disrup ...

TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSX-V: NOW) ("NowVertical" or the "Company"), a leading data and AI solutions provider, announces that the Company has terminated its Capital Markets Advisory Agreement with Sophic Capital Inc. (“Sophic”), effective January 17, 2025. “We thank Sophic for their dedication and contributions during their engagement and their efforts in supporting our shareholder communications,” said Sandeep Mendiratta, CEO of NowVertical. “As NowVertical conti ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider ServiceNow (NOW) . This company, which is in the Zacks Computers - IT Services industry, shows potential for another earnings beat.When looking at the last two reports, this maker of software that automates companies' technology operations has recorded a strong streak of surpassing earnings estimates. The company has topped es ...