UPDATE: ServiceNow Posts FQ2 Loss

ServiceNow

reported a loss in its fiscal second quarter. ServiceNow posted a quarterly loss of $8.7 million, or $0.32 per share, versus a year-ago profit of $2 million, or $0.02 per share. Its revenue rose to $56.8 million from $29.4 million. Excluding one-time items, ServiceNow posted a loss of $3.1 million, or $0.12 per share. However, analysts were expecting a loss of $0.07 per share on revenue of $53.2 million. ServiceNow shares closed at $27.71 yesterday.