ServiceNow (NOW) reported second-quarter earnings that handily beat analyst estimates while revenue only edged by views. NOW stock dipped on the financial results and its outlook.
Reported after the close on Wednesday, ServiceNow earnings came in at $2.37 per share, up 46% from the year-earlier period. Total revenue climbed 23% to $2.15 billion, said the Santa Clara, Calif-based enterprise software maker. NOW stock analysts expected the company to report earnings of $2.04 a share on revenue of $2.13 billion.