ServiceNow is a leading provider of digital workflows that help organizations streamline their operations and enhance productivity
The company's cloud-based platform enables businesses to automate and manage various processes, such as IT service management, human resources, customer service, and security operations. By integrating various functions into a single platform, ServiceNow empowers organizations to improve service delivery, accelerate decision-making, and enhance employee and customer experiences. The company's solutions are designed to be scalable and adaptable, catering to the needs of enterprises across diverse industries as they navigate their digital transformation journeys.
Since July 2024, Helios has been in a holding pattern, posting a small loss of 2.8% while floating around $44.66. The stock also fell short of the S&P 500’s 10.3% gain during that period.
Shares of enterprise workflow software maker ServiceNow (NYSENOW)
fell 13% in the morning session after the company reported fourth quarter results: With shares up roughly 20% in the last three months (before this print) and the stock making a 52-week high just earlier this week, the market was pricing in good news for ServiceNow. With that said, roughly in line subscription revenue and total revenue this quarter did not meet heightened expectations. Additionally, RPO (remaining performance obligations, a key leading indicator of revenue), missed Wall Street's expectations by roughly 2%, although the 23% year on year growth was certainly healthy for a company of this scale. Moving down the income statement, adjusted operating margin of 29.5% beat expectations very slightly.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Thursday. Stay informed about the latest market trends.
The US market is yet to commence its session on Thursday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
ServiceNow Inc (NYSENOW) shares are trading lower Thursday after the company reported soft financial results for the fourth-quarter. Here's what you need to know.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
Enterprise workflow software maker ServiceNow (NYSENOW) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 21.3% year on year to $2.96 billion. Its non-GAAP profit of $3.67 per share was in line with analysts’ consensus estimates.
Market indexes had been riding a zero balance for most of today’s trading session, but shifted lower following the news release of what we all knew ahead of time.
Curious about the top performers within the S&P500 index in the middle of the day on Tuesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
