ServiceNow (NOW) Tops Q3 EPS by 2c; Guides In-Line

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ServiceNow Reports Financial Results for Third Quarter 2016

October 26, 2016 4:01 PM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- ServiceNow (NYSE: NOW), the enterprise cloud company, today announced the financial results for its third quarter 2016.

Third Quarter 2016 Results:

Total revenues of $357.7 million, an increase of 37% year-over-year. Billings of $404.3 million, an increase of 41% year-over-year (see the table entitled Results of Operations GAAP to Non-GAAP Reconciliation for a reconciliation). GAAP net loss of $36.3 million, or loss of $0.22 per basic and diluted share. Non-GAAP net income of $39.5 million, or income of $0.24 per basic and... More