ServiceNow (NOW) Q2 Earnings And Revenues Beat Estimates
Zacks Investment Research | Jul 24, 2019 09:17PM ET
ServiceNow, Inc. (NYSE:NOW) delivered non-GAAP earnings of 71 cents per share in second-quarter 2019, surpassing the Zacks Consensus Estimate by 10.9%. Further, the figure advanced 44.9% on a year-over-year basis.
Revenues of $833.9 million outpaced the Zacks Consensus Estimate of $831 million and improved 32% from the year-ago quarter. Geographically, North America, Europe, Middle East and Africa (EMEA), and APAC & Other contributed 65%, 26%, and 9%, respectively to revenues.
Meanwhile, non-GAAP revenues (excluding impact of foreign exchange) of $851.95 million surged approximately 35% from the year-ago quarter.
Coming to price performance, shares of ServiceNow have returned 66.9% year to date, outperforming the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.