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  1. qwant news | ServiceNow stock sinks 14% as subscription revenue takes hit from Iran war

    AI generated summary, Read the full article for complete information.

    ServiceNow’s first‑quarter results narrowly beat Wall Street forecasts, posting $3.77 billion in revenue (up 22% YoY) and adjusted earnings of $0.97 per share versus the expected $0.96; subscription revenue reached $3.67 billion but suffered a roughly 75‑basis‑point headwind from delayed large on‑premise deals in the Middle East due to the ongoing conflict. The company raised its FY 2026 subscription‑revenue outlook to $15.74‑$15.78 billion and reiterated its goal to exceed $1 billion in AI‑related revenue for the year, while expanding its partnership with Google Cloud and completing a $7.75 billion acquisition of cybersecurity firm Armis. Share buybacks accelerated, with about 20 million shares repurchased in the quarter and an additional $5 billion authorized, and the firm reported $12.64 billion in remaining performance obligations and a near‑80% jump in new contracts over $5 million. Despite these positives, ServiceNow’s stock fell about 14% after the earnings release, extending a roughly 30% YTD decline as investors weigh the geopolitical downside on subscription growth.

    Read more: cnbc.com/2026/04/22/servicenow

    #ServiceNowInc. #GinaMastantuono #GoogleCloud #Armis #MiddleEast

    AI generated summary, Read the full article for complete information.

  2. AI will boost workers so ServiceNow won’t have to backfill jobs

    Bill McDermott, CEO of ServiceNow, speaking on CNBC’s Squawk On The Street outside the World Economic Forum in Davos,…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Artificialintelligence #AI #ArtificialIntelligence #AtlassianCorp #BlockInc #BreakingNews:Technology #businessnews #Enterprise #ServiceNowInc #Software #Technology #WilliamR.McDermott
    newsbeep.com/us/600757/

  3. ServiceNow CEO downplays impact of Iran war and AI: ‘Our business is doing great’

    ServiceNow CEO Bill McDermott on Wednesday downplayed concerns that the Iran war is materially disrupting the company’s business,…
    #Conflict #Conflicts #War #business #businessnews #investmentstrategy #Iran #JimCramer #markets #middleeast #middleeastcrisis #ServiceNowInc #Software #Stockmarkets #Tehran #WilliamR.McDermott
    europesays.com/2938668/

  4. ServiceNow CEO downplays impact of Iran war and AI: ‘Our business is doing great’

    ServiceNow CEO Bill McDermott on Wednesday downplayed concerns that the Iran war is materially disrupting the company’s business,…
    #EuropeSays #Headlines #News #Europe #Europa #EU #Iran #Business #businessnews #Investmentstrategy #JimCramer #Markets #ServiceNowInc #Software #Stockmarkets #WilliamR.McDermott
    europesays.com/iran/79065/

  5. ServiceNow stock sinks as subscription revenue takes hit from Iran war

    Bill McDermott, chief executive officer of ServiceNow Inc., during the Allen & Co. Media and Technology Conference in…
    #NewsBeep #News #BreakingNews #AlphabetClassA #breakingnews #BreakingNews:Technology #businessnews #Dividends #Earnings #Iran #NVIDIACorp #ServiceNowInc #Software #Technology
    newsbeep.com/498336/

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