ServiceNow (NOW) Tops Q2 EPS by 2c

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ServiceNow Reports Financial Results for Second Quarter 2017

July 26, 2017 4:01 PM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- ServiceNow® (NYSE: NOW) today announced the financial results for its second quarter 2017.

Second Quarter 2017 GAAP Results:

Subscription revenues of $411.0 million, representing 41% year-over-year growth. Professional services and other revenues of $60.7 million, representing 20% year-over-year growth. Total revenues of $471.7 million, representing 38% year-over-year growth. Subscription gross profit of $335.2 million, representing 82% of subscription revenues. Professional services and other gross profit of $14.8 million, representing 24% of professional services and other revenues. Total gross profit... More