ServiceNow Earnings: AI Fuels Momentum

Here's our initial take on ServiceNow's (NYSE: NOW) financial report.ServiceNow handily beat analyst expectations in the second quarter, with revenue growth of 22.5% and adjusted EPS growth of 31%. Remaining performance obligations, which measures the future revenue of existing contracts with customers, soared 29% to $23.9 billion.Artificial intelligence was a key growth driver during the quarter. "Our beat‑and‑raise quarter showcases the mission‑critical nature of the ServiceNow AI Platform. Every business process in every industry is being refactored for agentic AI," said ServiceNow CEO Bill McDermott.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool