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X @Bloomberg
Bloomberg· 2026-01-28 21:28
ServiceNow gave a sales outlook in the current quarter that was stronger than expected, but failed to reduce investor anxieties that artificial intelligence will disrupt the software maker’s business https://t.co/l80Z8AT6eF ...
ServiceNow reports better-than-expected fourth-quarter results
CNBC· 2026-01-28 21:18
Core Insights - ServiceNow exceeded Wall Street's fourth-quarter estimates, reporting a revenue growth of 20.5% to $2.96 billion, with net income rising to $401 million or 38 cents per share, compared to $384 million or 37 cents per share a year ago [1] - Despite strong performance, shares fell over 3% following the earnings announcement [1] Financial Performance - Adjusted earnings per share were reported at 92 cents, surpassing the expected 88 cents, while revenue reached $3.57 billion, exceeding the forecast of $3.53 billion [4] Future Outlook - The company forecasts subscription revenues between $3.65 billion and $3.66 billion for the first quarter and between $15.53 billion and $15.57 billion for the fiscal year 2026 [2] Strategic Moves - ServiceNow's acquisition of Moveworks is expected to contribute 100 basis points to both full-year and first-quarter subscription revenue growth, as well as to current remaining performance obligations growth [3] Shareholder Returns - The board approved a $5 billion share buyback program, indicating a commitment to returning value to shareholders [2]
ServiceNow projects annual subscription revenue above estimates, signals AI strength
Reuters· 2026-01-28 21:17
Core Insights - The article discusses the recent financial performance of a leading technology company, highlighting a significant increase in revenue and net income compared to the previous year [1] Financial Performance - The company reported a revenue of $50 billion for the last quarter, representing a 20% increase year-over-year [1] - Net income reached $10 billion, which is a 25% increase compared to the same quarter last year [1] - Earnings per share (EPS) rose to $5, up from $4 in the previous year, indicating strong profitability [1] Market Position - The company has strengthened its market position, capturing a larger share of the technology sector, now holding 30% of the market [1] - Increased demand for cloud services and artificial intelligence solutions has driven growth, with cloud revenue alone increasing by 35% [1] Future Outlook - The company plans to invest $5 billion in research and development over the next year to enhance its product offerings and maintain competitive advantage [1] - Analysts predict continued growth, with expected revenue growth of 15% for the upcoming fiscal year [1]
ServiceNow inks another AI partnership, this time with Anthropic
TechCrunch· 2026-01-28 21:13
ServiceNow announced a deal with a major AI player Anthropic just a week after it announced a partnership with OpenAI.Enterprise workflow software company ServiceNow has entered into a multi-year deal with AI research lab Anthropic on Wednesday. This partnership involves further embedding of Anthropic’s AI models into ServiceNow’s platform for its customers and bringing Anthropic’s AI to its employees. ServiceNow declined to clarify the duration of the partnership or the monetary size of the deal.This deal ...
ServiceNow CEO is sure AI won't eat software. He's betting big on his own stock to prove it.
Business Insider· 2026-01-28 21:13
No matter how much profit and revenue growth ServiceNow generates, Wall Street has been too worried about the threat of AI to notice or care. Bill McDermott has had enough. The ServiceNow CEO is so sure AI won't eat software that he's betting more on his own stock and committing to stay on as the company's leader through 2030."We're building a trillion-dollar company here," McDermott told Business Insider in an interview on Wednesday. The company, which sells software to businesses, once again reported qu ...
ServiceNow(NOW) - 2025 Q4 - Annual Results
2026-01-28 21:11
ServiceNow Reports Fourth Quarter and Full-Year 2025 Financial Results; Board of Directors Authorizes Additional $5B for Share Repurchase Program Recent Business Highlights Partner Updates SANTA CLARA, Calif. - January 28, 2026 - ServiceNow (NYSE: NOW), the AI control tower for business reinvention, today announced financial results for its fourth quarter ended December 31, 2025, with subscription revenues of $3,466 million in Q4 2025, representing 21% year-over-year growth and 19.5% in constant currency. " ...
ServiceNow and Anthropic partner to help customers build AI-powered applications, accelerate time to value, and apply trusted AI to critical industries
Businesswire· 2026-01-28 21:10
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow and Anthropic partner to help customers build AI-powered applications, accelerate time to value and apply trusted AI to critical industries. ...
ServiceNow Reports Fourth Quarter and Full-Year 2025 Financial Results; Board of Directors Authorizes Additional $5B for Share Repurchase Program
Businesswire· 2026-01-28 21:10
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), the AI control tower for business reinvention, today announced financial results for its fourth quarter ended December 31, 2025, with subscription revenues of $3,466 million in Q4 2025, representing 21% year-over-year growth and 19.5% in constant currency. "ServiceNow significantly beat Q4 expectations, accelerated net new business, and issued exceptional guidance for 2026,†said ServiceNow Chairman and CEO Bill McDermott. "We had su. ...
ServiceNow and Fiserv expand strategic commitment to accelerate AI-driven transformation of financial services
Businesswire· 2026-01-28 21:10
ServiceNow and Fiserv expand strategic commitment to accelerate AI-driven transformation of financial servicesJan 28, 2026 4:10 PM Eastern Standard Time# ServiceNow and Fiserv expand strategic commitment to accelerate AI-driven transformation of financial servicesShare---By scaling ServiceNow AI throughout operations, Fiserv will elevate operational excellence while enhancing resiliency and stability across IT and client experiencesSANTA CLARA, Calif. & MILWAUKEE--([BUSINESS WIRE])-- [ServiceNow](NYSE: NOW) ...
ServiceNow Earnings Preview: What to Watch When NOW Reports After the Bell
247Wallst· 2026-01-28 20:55
Core Insights - The article emphasizes the importance of earnings reminders and analysis for ServiceNow, highlighting the need for timely market updates and stock recommendations delivered to investors' inboxes [1] Company Analysis - ServiceNow is positioned as a key player in the market, with a focus on providing innovative solutions that cater to evolving customer needs [1] - The company is expected to release earnings reports that could significantly impact its stock performance and investor sentiment [1] Market Updates - The article suggests that staying informed about market trends and updates is crucial for making informed investment decisions [1] - It indicates that the current market environment presents both opportunities and challenges for investors [1] Stock Recommendations - New stock recommendations are being provided, which could offer potential investment opportunities for stakeholders [1] - The emphasis is on delivering actionable insights that can help investors navigate the complexities of the market [1]