Skip to Content

ServiceNow: Q1 Earnings Snapshot

TED / YouTube

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — ServiceNow Inc. (NOW) on Wednesday reported first-quarter profit of $150 million.

The Santa Clara, California-based company said it had profit of 73 cents per share. Earnings, adjusted for one-time gains and costs, came to $2.37 per share.

The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.

The maker of software that automates companies’ technology operations posted revenue of $2.1 billion in the period, also surpassing Street forecasts. Twelve analysts surveyed by Zacks expected $2.09 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOW at https://www.zacks.com/ap/NOW

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

News Channel 3 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content