ServiceNow (NOW) Tops Q2 EPS by 32c
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ServiceNow Reports Second Quarter 2023 Financial Results
July 26, 2023 4:10 PM EDTServiceNow exceeds guidance across all Q2 2023 topline growth and profitability metrics; raises 2023 subscription revenues and operating margin guidance Subscription revenues of $2,075 million in Q2 2023, representing 25% year-over-year growth, 25% adjusted for constant currency Total revenues of $2,150 million in Q2 2023, representing 23% year-over-year growth, 22.5% adjusted for constant currency Current remaining performance obligations of $7.20 billion as of Q2 2023, representing 25% year-over-year growth, 24% adjusted for constant currency 70 transactions over $1 million in net new ACV in Q2 2023, up 30% year-over-year ServiceNow ended Q2 with 45 customers with more than $20 million in ACV, representing 55% year-over-year increase
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