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ServiceNow, Inc. (NOW) reported a profit for its second quarter that rose from last year.


RTTNews | Jul 28, 2021 04:37PM EDT

16:37 Wednesday, July 28, 2021 (RTTNews.com) - ServiceNow, Inc. (NOW) reported a profit for its second quarter that rose from last year.

The company's bottom line came in at $59 million, or $0.29 per share. This compares with $41 million, or $0.20 per share, in last year's second quarter.

Excluding items, ServiceNow, Inc. reported adjusted earnings of $287 million or $1.42 per share for the period.

Analysts had expected the company to earn $1.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 31.8% to $1.41 billion from $1.07 billion last year.

ServiceNow, Inc. earnings at a glance:

-Earnings (Q2): $287 Mln. vs. $243 Mln. last year.-EPS (Q2): $1.42 vs. $1.23 last year.-Analysts Estimate: $1.21-Revenue (Q2): $1.41 Bln vs. $1.07 Bln last year.

-Guidance:Next quarter revenue guidance: $1,320 - $1,325 MlnFull year revenue guidance: $6,315 - $6,325 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3212995/servicenow-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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