ServiceNow Reports Middle East Deal Delays Impacting Revenue Growth

ServiceNow reported that delays in closing large government deals in the Middle East due to ongoing conflicts negatively impacted its first-quarter subscription revenue growth, leading to a 12% drop in shares during extended trading. The company faces additional challenges from investor concerns about AI disrupting traditional software models and the financial impact of its recent acquisition of Armis.

By Reuters Thu, April 23, 2026 at 1:58 AM GMT+3 2 min read · Yahoo Finance · April 22, 2026, 22:58 UTC

Tickers: $NOW

Topics: acquisition AI impact Armis Middle East deals SaaSpocalypse ServiceNow stock price subscription revenue

Read the full article at Yahoo Finance

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