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ServiceNow

ServiceNow Reports Financial Results for First Quarter 2017

(PresseBox) (Santa Clara, Calif., )
ServiceNow® (NYSE: NOW) today announced the financial results for its first quarter 2017.

First Quarter 2017 GAAP Results:


Subscription revenues of $376.1 million, representing 41% year‑over‑year growth.
Professional services and other revenues of $40.6 million, representing 6% year‑over‑year growth.
Total revenues of $416.8 million, representing 36% year‑over‑year growth.
Subscription gross profit of $305.8 million, representing 81% of subscription revenues.
Professional services and other gross loss of $5.4 million, representing negative 13% of professional services and other revenues.
Total gross profit of $300.3 million, representing 72% of total revenues.
Loss from operations of $42.5 million, representing negative 10% of total revenues.
Net loss of $40.7 million, or loss et m8.35 fga gdlms wqd pazjcug zadzw.
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