ServiceNow: Q4 Earnings Snapshot
By AP News
Published - Jan 24, 2024, 04:34 PM ET
Last Updated - Jan 24, 2024, 04:34 PM EST
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — ServiceNow Inc. (NOW) on Wednesday reported fourth-quarter net income of $295 million.
The Santa Clara, California-based company said it had profit of $1.43 per share. Earnings, adjusted for one-time gains and costs, came to $3.11 per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.77 per share.
The maker of software that automates companies' technology operations posted revenue of $2.44 billion in the period, which also beat Street forecasts. Eleven analysts surveyed by Zacks expected $2.4 billion.
