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-0.00286368843069874 -5.72737686139227E-05 0 0.0172966781214204 -0.00343642611683846 -0.00658648339060697 -0.0063001145475372 -0.0120274914089347
Stock impact report

ServiceNow stock rises after earnings beat, uncertain outlook amid coronavirus pandemic [MarketWatch]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: MarketWatch
ServiceNow Inc. shares gained 3.4% in the extended session Wednesday after the company topped consensus earnings estimates. The company reported first-quarter net income of $48.4 million, or 24 cents a share, versus a net loss of $1.6 million, or a penny a share, in the year-ago period. Adjusted for items such as stock-based compensation, among others, earnings were $1.05 a share compared with 67 cents a share a year ago. Revenue rose to $1.05 billion from $788.9 million in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 95 cents a share on revenue of $1.02 billion. For the second quarter, analysts model adjusted earnings of 93 cents a share and sales of $1.06 billion. The company said that the subscription revenue guidance it provided Wednesday takes in account the expected impacts of the COVID-19 pandemic and that the most significant challenges will occur in the second and third quarters of 2020. ServiceNow said it expected uncertainty around ne Show less Read more
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