25.10.2023 22:19:19 - dpa-AFX: ServiceNow, Inc. Q3 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - ServiceNow, Inc. (NOW) revealed earnings for its
third quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $242 million, or $1.17 per share. This
compares with $80 million, or $0.39 per share, in last year's third quarter.
Excluding items, ServiceNow, Inc. reported adjusted earnings of $603 million or
$2.92 per share for the period.
Analysts on average had expected the company to earn $2.56 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 25.1% to $2.29 billion from $1.83
billion last year.
ServiceNow, Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $242 Mln. vs. $80 Mln. last year.
-EPS (Q3): $1.17 vs. $0.39 last year.
-Analyst Estimate: $2.56
-Revenue (Q3): $2.29 Bln vs. $1.83 Bln last year.
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