ServiceNow Reports Financial Results for Fourth Quarter and Fiscal Year 2016

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ServiceNow (NOW) PT Raised to $102 at Barclays

January 26, 2017 8:40 AM EST

Barclays raised its price target on ServiceNow (NYSE: NOW) to $102.00 (from $87.00) while maintaining a Overweight rating.

Analyst Raimo Lenschow commented, "ServiceNow delivered strong Q4 results, with all metrics performing above consensus. Billings was the main highlight with growth of 46% y/y, beating... More

UPDATE: ServiceNow (NOW) Tops Q4 EPS by 1c

January 25, 2017 4:05 PM EST

(Updated - January 25, 2017 4:16 PM EST)

ServiceNow (NYSE: NOW) reported Q4 EPS of $0.24 vs analyst estimate of $0.23. Revenue for the quarter came in at $385.7 million versus the consensus estimate of $379.02 million.

GUIDANCE:

ServiceNow sees Q1 2017 revenue of $406-411 million,... More