ServiceNow reported earnings and revenue that topped Wall Street's fourth-quarter estimates on Wednesday as the enterprise software maker continued to land big contracts amid the coronavirus outbreak. The earnings news drove ServiceNow stock up in extended trading. ServiceNow ( NOW) earnings climbed 22% from a year earlier to $1.17 an adjusted share.
Investor's Business DailySubscription revenues of $1,184 million in Q4 2020, representing 32% year-over-year growth, 29% adjusted for constant currency Subscription billings of $1,828 million in Q4 2020, representing 41% year-over-year growth, 38% adjusted for constant currency and duration 1,093 total customers with over $1 million in annual contract value ServiceNow (NYSE: NOW), the leading digital workflow company making work, work better for people, today announced financial results for its fourth quarter ended December 31, 2020, with subscription revenues of $1,184 million in Q4 2020, representing 32% year-over-year growth.
ServiceNow (NOW) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.38%.
AUSTIN, Texas--()--Edgile, the leading cyber risk and regulatory compliance firm, today announced its transition to ServiceNow Elite Partner Program segment. ServiceNow's global partner segment framework is designed to determine how well a Partner strategically supports ServiceNow's goal of $10 billion and beyond, as well as a Partner's ability to successfully deliver specific customer outcomes.
Hoping to create and fuel Black wealth, computer cloud service provider ServiceNow is launching a $100 million fund to boost lending for homeownership, entrepreneurship, and neighborhood revitalization in African American communities. The Santa Clara, California-based firm announced its S erviceNow Racial Equity Fund intends to strengthen under-resourced communities by overcoming systemic barriers that lead to unequal access to capital.
Shares of ServiceNow (NYSE:NOW) increased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 21.87% year over year to $1.17, which beat the estimate of $1.05. Revenue of $1,250,000,000 rose by 31.33% year over year, which beat the estimate of $1,210,000,000.
A busy day on the earnings front Wednesday brought a miss by Tesla, record revenues for Apple and Facebook, and reports from other Silicon Valley-based companies like ServiceNow. Here's a wrap of what the locally based companies, which collectively employ tens of thousands of people in the Bay Area, reported: Tesla (Nasdaq: TSLA) - The Palo Alto-based automotive titan reported earnings of 80 cents per share, which was less than analysts expected.
Silicon Valley Business JournalThere's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ServiceNow (), Facebook () and Avnet () with bullish sentiments. ServiceNow (NOW) Raymond James analyst Robert Majek maintained a Buy rating on ServiceNow today and set a price target of $600.00.
Smarter AnalystPrivate equity firm Court Square Capital Partners has recapitalized Thrive to further accelerate the MSP's push into fast-growth areas such as ServiceNow, automation, artificial intelligence and cybersecurity, Thrive disclosed this morning. Thrive, a Top 100 Vertical Market MSP and Top 250 MSSP, will continue to pursue organic growth along with additional acquisitions - including a focus on larger IT service providers.
(RTTNews) - ServiceNow, Inc. (NOW) revealed a profit for fourth quarter that fell from last year.The company's bottom line totaled $16.65 million, or $0.08 per share. This compares with $598.72 million, or $3.03 per share, in last year's fourth quarter.
NEW YORK, NY / ACCESSWIRE / January 27, 2021 / ServiceNow, Inc. (NYSE:NOW) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on January 27, 2021 at 5:00 PM Eastern Time.
3 hours ago (Jan 28, 2021 05:35AM ET) Needham analyst Jack Andrews reiterated a Buy rating on ServiceNow (NYSE:) on Thursday, setting a price target of $595, which is approximately 15.20% above the present share price of $516.5. Andrews expects ServiceNow to post earnings per share (EPS) of $0.07 for the first quarter of 2021.
Investing.comServiceNow logged double-digit revenue and earnings growth in 4Q, thanks to several big contract wins during the quarter. Shares of the enterprise software maker increased 2.6% in Thursday's pre-market trading session.ServiceNow's (NOW) 4Q earnings of $1.17 per share increased 21.9% year-over-year and exceeded analysts' expectations of $1.06 per share.
(RTTNews) - ServiceNow Inc. (NOW) will host a conference call at 5:00 PM ET on Jan 27, 2021, to discuss Q4 20 earnings results. To access the live webcast, log on to https://event.on24.com/wcc/r/2924209/3989884C5B58ED139BE2D9AE3152B4D5 To listen to the call, dial (833) 513-0567 (US) or (236) 714-2186 (International) with passcode: 7862176.
Shares of ServiceNow dropped 2.62% to $518.48 at 12:51 EST on Wednesday, after three sequential sessions in a row of losses. NYSE Composite is sliding 1.44% to $14,652.88, after four successive sessions in a row of losses. This seems, as yet, an all-around rough trend trading session today.
Via News AgencyNYSE Composite opens in less than one hour and ServiceNow's pre-market value is already 2.61% up. The last session, NYSE Composite finished with ServiceNow dropping 3% to $516.50. NYSE Composite fell 2.55% to $14,487.73, after five successive sessions in a row of losses, on what was an all-around rough trend trading session.
Via News AgencyNORWALK, Conn.--()-- Xerox Holdings Corporation (NYSE: XRX) has expanded its growing software portfolio with the acquisition of CareAR, an augmented reality support platform company that provides real-time access to expertise for customers, employees, and field workers.
NYSE Composite opens in less than three hours and ServiceNow's pre-market value is already 2.61% up. The last session, NYSE Composite finished with ServiceNow sliding 3% to $516.50. NYSE Composite slid 2.55% to $14,487.73, after five sequential sessions in a row of losses, on what was an all-around negative trend trading session.
Via News AgencyBOSTON--(BUSINESS WIRE)--Jan 27, 2021-- We are excited to announce that GlideFast Consulting is one of only five certified ServiceNow partners to achieve three workflow badges for product line achievements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210127005206/en/ GlideFast Consulting now holds product line achievements for Employee Workflows, Customer Workflows, and the Now Platform.
STAINES, England--()-- ServiceNow (NYSE: NOW), the leading digital workflow company that makes work, work better for people, today announced that NHS Scotland is using ServiceNow's Now Platform as the digital backbone of its program to rapidly roll out the vaccine to protect citizen health in the fight against COVID-19.
