ServiceNow Reports Q3 Revenue Beat Amid Non-GAAP EPS Miss
ServiceNow (NYSE: NOW) reported third-quarter financial results characterized by a revenue beat and an earnings miss. The company posted revenue of $4.11 billion, representing a 20.5% year-over-year increase, which exceeded market expectations by $20 million. However, the company's Non-GAAP earnings per share (EPS) came in at $1.00, missing analyst estimates by $0.02. Subscription revenue remains a core driver for the firm, reaching $3,988 million with 21% year-over-year growth.
Tickers: $NOW
Topics: earnings miss financial results revenue beat subscription revenue