ServiceNow: Q3 Earnings Insights

Shares of ServiceNow NOW fell 3.15% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 22.22% year over year to $1.21, which beat the estimate of

Quarterly Results

Earnings per share were up 22.22% year over year to $1.21, which beat the estimate of $1.03.

Revenue of $1,152,000,000 higher by 30.05% year over year, which beat the estimate of $1,110,000,000.

Outlook

ServiceNow Sees Q4 Subscription Sales $1.141B-$1.146B; FY20 Adj. Sales $4.251B-$4.256B

How To Listen To The Conference Call

Date: Oct 28, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/wcc/r/2625181/2EDD61CDBF24CB6EFA12EEA3458C583D

Technicals

52-week high: $533.37

52-week low: $234.06

Price action over last quarter: Up 12.20%

Company Profile

ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management (ITSM), expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service (PaaS).