Reported about 1 month ago
ServiceNow Inc. reported impressive third-quarter sales figures, with a 23% increase in subscription sales to $2.7 billion and a 26% rise in booked sales. The company is actively enhancing its AI offerings, particularly its Now Assist product, which has become its fastest-growing AI tool. Despite initial investor hesitance reflected in stock trading fluctuations, analysts acknowledged the company's solid positioning in the enterprise software market. Looking ahead, ServiceNow predicts subscription revenue for the next quarter to be around $2.88 billion.
Source: YAHOO