By Akash Sriram (Reuters) -ServiceNow on Wednesday forecast second-quarter subscription revenue below market expectation as businesses spend cautiously in a tough economy, sending the cloud software provider’s shares down nearly 5% in trading after the bell. The company has been deploying GenAI technologies in its products as businesses look to optimize and automate operations using […]
Tag: ServiceNow
ServiceNow And This AI Play Lead 5 Stocks Near Buy Points
ServiceNow (NOW) and Confluent (CFLT), both AI enterprise-software plays, lead this weekend’s watch list of five stocks near buy points. In addition to NOW and CFLT, the list includes Brazilian aircraft maker Embraer (ERJ), Tidewater (TDW), whose fleet of vessels serves the offshore oil industry and cardiovascular treatment innovator Shockwave Medical (SWAV). X ServiceNow stock […]
NOW Stock: ServiceNow Earnings, Subscription Revenue Top Estimates
ServiceNow (NOW) on Wednesday reported fourth-quarter earnings and revenue that topped Wall Street estimates. But NOW stock slipped in after-hours trading. X Reported after the market close on Wednesday, ServiceNow said earnings for the quarter ending Dec. 31 popped 36% to $3.11 per share from the year-earlier period. Revenue rose 26% to $2.44 billion, the […]