logo
  

ServiceNow, Inc. Q4 Profit Increases, beats estimates

ServiceNow, Inc. (NOW) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $150 million, or $0.74 per share. This compares with $26 million, or $0.13 per share, in last year's fourth quarter.

Excluding items, ServiceNow, Inc. reported adjusted earnings of $464 million or $2.28 per share for the period.

Analysts on average had expected the company to earn $2.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.5% to $1.94 billion from $1.61 billion last year.

ServiceNow, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $150 Mln. vs. $26 Mln. last year.
-EPS (Q4): $0.74 vs. $0.13 last year.
-Analyst Estimate: $2.02
-Revenue (Q4): $1.94 Bln vs. $1.61 Bln last year.

-Guidance:
Next quarter revenue guidance: $1,990 - $2,000 Mln

For comments and feedback contact: editorial@rttnews.com

Business News

RELATED NEWS
Follow RTT