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-0.000259746556626638 -0.000259746556626638 -0.000973183765494021 -0.000287452856000105 0.00313427511662611 0.00163813495045752 0.00105630266361426 -0.000259746556626638
Stock impact report

What to Do With ServiceNow (NOW) Stock Ahead of Q1 Earnings? [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The workflow and IT operations management platform provider's near-term results are expected to reflect the negative impacts of a challenging macroeconomic environment, including persistent inflation that has pushed back chances of an early rate cut by the Federal Reserve. Nevertheless, ServiceNow has been benefiting from the rising adoption of its workflows by enterprises undergoing digital transformation. NOW is benefiting from strong demand for its generative AI-powered solutions with the availability of the Vancouver platform and Pro Plus offerings. This is expected to have driven subscription revenues in the to-be-reported quarter. For first-quarter 2024, subscription revenues are projected between $2.51 billion and $2.515 billion, suggesting an improvement in the range of 24.5-25% year over year on a GAAP basis. At cc, subscription revenues are expected to grow in the 23.5-24% range. cRPO is expected to grow 20% year over year on both non-GAAP and GAAP basis, indicating s Show less Read more
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