ServiceNow (NOW) Tops Q3 EPS by 36c

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ServiceNow Reports Third Quarter 2023 Financial Results

October 25, 2023 4:10 PM EDT

ServiceNow exceeds guidance across all Q3 2023 topline growth and profitability metrics; raises 2023 subscription revenues and operating margin guidance Subscription revenues of $2,216 million in Q3 2023, representing 27% year-over-year growth, 24.5% in constant currency Total revenues of $2,288 million in Q3 2023, representing 25% year-over-year growth, 22.5% in constant currency Current remaining performance obligations of $7.43 billion as of Q3 2023, representing 27% year-over-year growth, 24% in constant currency 83 transactions over $1 million in net new ACV in Q3 2023, up 20% year-over-year ServiceNow ended Q3 2023 with 49 customers with more than $20 million in ACV, representing 58% year-over-year increase

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