ServiceNow (NOW) Tops Q4 EPS by 26c

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ServiceNow Reports Fourth Quarter and Full-Year 2022 Financial Results

January 25, 2023 4:10 PM EST

ServiceNow exceeds high end of guidance across Q4 2022 GAAP topline growth and profitability metrics Subscription revenues of $1,860 million in Q4 2022, representing 22% year-over-year growth, 27.5% adjusted for constant currency Total revenues of $1,940 million in Q4 2022, representing 20% year-over-year growth, 25.5% adjusted for constant currency Current remaining performance obligations (cRPO) of $6.94 billion as of Q4 2022, representing 22% year-over-year growth, 25.5% adjusted for constant currency Net new annual contract value (NNACV) contribution to cRPO outperformed company expectations in Q4 2022, driven by strong net expansion and over 30% NNACV growth year-over-year from new logos

SANTA CLARA, Calif.--(BUSINESS... More