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0.000488519785051267 0.000959452857840659 0.00552027357107961 0.00297997068881282 0.00547142159257438 0.00957498778700527 0.00742550073277959 0.00517830972154373
Stock impact report

ServiceNow (NOW) Q3 2024 Earnings Transcript [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
President & Chief Executive Officer — William McDermott Chief Financial Officer — Gina Mastantuono Need a quote from a Motley Fool analyst? Email pr@fool.com Full Conference Call Transcript William McDermott: Thank you very much, Darren. Good afternoon everyone. I really appreciate you joining today. There's a lot to cover in this latest beat and raise report. I'll focus on five powerful tailwinds that underscore our strong confidence in ServiceNow's growth trajectory. The first is elite level execution. With our Q3 results, we have demonstrated once again ServiceNow's strong execution. We outperformed all top line and profitability metrics. Subscription revenue growth was 22.5% at constant currency, 200 basis points above the high end of our guidance. cRPO was 23.5% at constant currency, 150 basis points above our guidance. Operating margin was over 31%, more than 150 basis points above our guidance. We had 96 deals greater than $1 million in net new ACV. We landed our sec Show less Read more
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