ServiceNow's Q3 results exceeded expectations, with strong financial performance driven by AI adoption, but short-term valuation concerns have led to a Hold rating. Subscription revenue grew by 22.5%

ServiceNow Stock Hits All-Time High on AI Demand

02:31pm, Thursday, 24'th Oct 2024
Shares of ServiceNow (NOW) traded at an all-time high Thursday, a day after the software and IT services provider posted better-than-expected results and boosted its guidance as demand for its artific
NOW's third-quarter 2024 results reflect a strong uptake of its generative AI solution. However, stretched valuation makes the stock a risky bet.

Chart of the day: ServiceNow

01:06pm, Thursday, 24'th Oct 2024
The Investment Committee's @Jason_Snipe breaks down why he owns ServiceNow after it beat earnings estimates.
ServiceNow (NOW) delivered robust third quarter earnings, exceeding expectations on both revenue and profit. Additionally, the cloud-computing platform raised its subscription revenue guidance.

Why ServiceNow Stock Is Surging Today

11:22am, Thursday, 24'th Oct 2024
ServiceNow's beat-and-raise quarter has investors feeling bullish.
Bill McDermott, ServiceNow CEO, joins CNBC's 'Squawk on the Street' to discuss his company's latest earnings beat, how generative AI will improve the consumer experience, and more.
ServiceNow's stock is on track for a record close Thursday following an upbeat earnings report.
ServiceNow stock has risen 33% so far this year. Following the company's third quarter report, shares of the Santa Clara, Calif.
ServiceNow Inc NOW reported stronger-than-expected results for its third quarter after the market close on Wednesday.
ServiceNow's launch of Xanadu & RaptorDB enhances AI capabilities and expands into the database market, strengthening its leadership in IT automation and service management. Q3 results showed 22% reve
ServiceNow, Inc. (NYSE:NOW ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Darren Yip - VP, IR William McDermott - Chairman and CEO Gina Mastantuono - CFO Conferenc

Markets Up from Session Lows, Still Close in Red

07:31pm, Wednesday, 23'rd Oct 2024
After the close, Tesla (TSLA), ServiceNow (NOW) and IBM (IBM) beat on earnings, while Las Vegas Sands (LVS) missed.
Although the revenue and EPS for ServiceNow (NOW) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall S
ServiceNow (NOW) came out with quarterly earnings of $3.72 per share, beating the Zacks Consensus Estimate of $3.46 per share. This compares to earnings of $2.92 per share a year ago.
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