ServiceNow CEO Defends Acquisition Strategy Amid Investor Skepticism

ServiceNow CEO Bill McDermott defended the company's acquisition strategy during the first-quarter 2026 earnings call, emphasizing that the company is acquiring innovation rather than revenue. ServiceNow exceeded earnings guidance and raised its full-year 2026 subscription revenue outlook by $205 million.

By Aditya Raghunath · TheStreet · May 4, 2026, 18:03 UTC

Tickers: $NOW

Topics: acquisitions AI corporate strategy earnings investor relations

Read the full article at TheStreet

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