ServiceNow (NYSE: NOW) reported Q3 EPS of $1.55, $0.17 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.47 billion.
Financial Outlook
Our guidance includes GAAP and non-GAAP financial measures.
The following table summarizes our guidance for the fourth quarter 2021:
| Fourth Quarter 2021 GAAP Guidance | | Fourth Quarter 2021 Non-GAAP Guidance(1) |
| Amount ($ millions)(2) | Year/Year Growth (%) | | Amount ($ millions)(2) | Year/Year Growth (%) |
Subscription revenues | $1,515 - $1,520 | 28% | | | |
Note: | Includes negative impact of foreign currency of $1 million | | | | | |
Subscription billings | | | | $2,305 - $2,310 | 26% |
Note: | Includes negative impact of foreign currency of $2 million | | | | | |
| Includes negative impact of billings duration of $7 million | | | | | |
| |  | | | |
cRPO | | 27% | | | |
Note: | Includes negative impact of foreign currency of 150 bps | | | | | |
| | | | | Margin (%) |
Income from operations | | | | | 22% |
| | | | | |
| | | | Amount (millions) | |
Weighted-average shares used to compute diluted net income per share | | | | 203 | |
For earnings history and earnings-related data on ServiceNow (NOW) click here.