ServiceNow (NOW) Tops Q1 EPS by 33c

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ServiceNow Reports First Quarter 2023 Financial Results

April 26, 2023 4:10 PM EDT

ServiceNow exceeds guidance across all Q1 2023 topline growth and profitability metrics; raises 2023 subscription revenues guidance Subscription revenues of $2,024 million in Q1 2023, representing 24% year-over-year growth, 27% adjusted for constant currency Total revenues of $2,096 million in Q1 2023, representing 22% year-over-year growth, 24.5% adjusted for constant currency Current remaining performance obligations (cRPO) of $7.01 billion as of Q1 2023, representing 23% year-over-year growth, 25% adjusted for constant currency 66 transactions over $1 million in net new ACV in Q1 2023, up 27% year over year

SANTA CLARA, Calif.--(BUSINESS WIRE)-- ServiceNow (NYSE: NOW), the leading digital... More