NOW - ServiceNow Analysts Boost Their Forecasts After Upbeat Q4 Earnings | Benzinga
ServiceNow, Inc. (NYSE: NOW) reported better-than-expected fourth-quarter financial results on Wednesday.
ServiceNow reported quarterly earnings of $3.11 per share which beat the analyst consensus estimate of $2.79 by 11.47%. The company reported quarterly sales of $2.44 billion, beating the analyst consensus estimate of $2.4 billion by 1.61% and representing a 25.62% increase over sales of $1.94 billion from the same period last year, according to data from Benzinga Pro.
The company exceeded its guidance across all fourth-quarter topline growth and profitability metrics and raised its 2024 subscription revenues and operating margin outlook. The company now sees first-quarter subscription revenues to between $2.51 billion and $2.515 billion and first-quarter operating margin at 29%.
ServiceNow ...