Upgrade to SI Premium - Free Trial

ServiceNow (NOW) Tops Q2 EPS by 22c

July 29, 2020 4:11 PM

ServiceNow (NYSE: NOW) reported Q2 EPS of $1.23, $0.22 better than the analyst estimate of $1.01. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.05 billion.

Financial Outlook

Our guidance includes GAAP and non-GAAP financial measures.

The following table summarizes our guidance for the third quarter 2020:

Third Quarter 2020
GAAP Guidance

Third Quarter 2020 Non-GAAP Guidance(1)

Amount
($ millions)(2)

Year/Year
Growth (%)

Amount
($ millions)(2)

Year/Year
Growth (%)

Adjusted
Amount
($ millions)(3)

Adjusted
Year/ Year
Growth (%)

Subscription revenues

$1,055 - $1,060

26% - 27%

$1,055 - $1,060

26% - 27%

Subscription billings

$995 - $1,015

15% - 17%

$1,003 - $1,023

16% - 18%

Margin (%)

Income from operations

22%

Amount
(millions)

For earnings history and earnings-related data on ServiceNow (NOW) click here.

Categories

Earnings

Next Articles