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ServiceNow (NOW) Tops Q2 EPS by 21c

July 28, 2021 4:18 PM

ServiceNow (NYSE: NOW) reported Q2 EPS of $1.42, $0.21 better than the analyst estimate of $1.21. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.36 billion.

“I’m so proud of our team’s performance, significantly exceeding the high end of our guidance across all metrics, which is reflected in our strong full-year guidance raise,” said Bill McDermott, ServiceNow president and CEO. “Business leaders worldwide are facing ‘do or die’ moments in a forever changed world. They are leveraging the flexibility of the Now Platform to create innovative digital solutions needed to solve the biggest challenges of our time. In partnership with our customers, we workflow a better world.”

ServiceNow CFO Gina Mastantuono said, “Q2 was a tremendous quarter, showcasing the power of our business model and our ability to drive a balance of growth and profitability. The team demonstrated exceptional execution, and we saw strong demand across all regions and workflows. We are the platform for digital business, and we are well on our way to becoming a $15+ billion revenue company.”

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

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