Market Overview

Recap: ServiceNow Q2 Earnings

Share:

Shares of ServiceNow (NYSE:NOW) decreased 2.45% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 73.24% year over year to $1.23, which beat the estimate of $1.01.

Revenue of $1,071,000,000 up by 28.43% from the same period last year, which beat the estimate of $1,050,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

ServiceNow hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 29, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.servicenow.com%2Fcompany%2Finvestor-relations%2Fevents.html&eventid=2399486&sessionid=1&key=795C3DADBA1B185511D571A263A6CCAE&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $454.69

52-week low: $213.99

Price action over last quarter: Up 20.75%

Company Description

ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management (ITSM), expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service (PaaS).

 

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Posted-In: Earnings