ServiceNow Reports Fourth Quarter and Full-Year 2022 Financial Results
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Analysts positive on ServiceNow following results despite cRPO concerns
January 26, 2023 11:00 AM ESTServiceNow (NYSE: NOW) shares are up over 2% following its earnings release after the close on Wednesday, which saw it top profit and revenue consensus expectations.
Analysts at Wells Fargo and Bernstein released notes, reacting to the report positively, but believing there may be some slight concerns regarding cRPO growth.
Bernsteins Peter Weed maintained an Outperform rating on ServiceNow shares but... More
ServiceNow (NOW) Tops Q4 EPS by 26c
January 25, 2023 4:12 PM ESTServiceNow (NYSE: NOW) reported Q4 EPS of $2.28, $0.26 better than the analyst estimate of $2.02. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.94 billion.
Financial Outlook
Our guidance includes GAAP and non-GAAP financial measures. The non-GAAP growth rates for subscription revenues and cRPO are only adjusted for constant currency to provide better visibility into the underlying business... More
