ServiceNow® (NYSE: NOW) today announced the financial results for its third quarter 2017.
Third Quarter 2017 GAAP Results:
Subscription revenues of $455.4 million, representing 43% year‑over‑year growth.
Professional services and other revenues of $42.7 million, representing 10% year‑over‑year growth.
Total revenues of $498.2 million, representing 39% year‑over‑year growth.
Subscription gross profit of $373.5 million, representing 82% of subscription revenues.
Professional services and other gross loss of $2.7 million, representing negative 6% of professional services and other revenues.
Total gross profit of $370.9 million, representing 74% of total revenues.
Loss from operations of $7.1 million.
Net loss of $24.2 million, or loss of $0.14 per basic and diluted miwfy.
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Third Quarter 2017 GAAP Results:
Subscription revenues of $455.4 million, representing 43% year‑over‑year growth.
Professional services and other revenues of $42.7 million, representing 10% year‑over‑year growth.
Total revenues of $498.2 million, representing 39% year‑over‑year growth.
Subscription gross profit of $373.5 million, representing 82% of subscription revenues.
Professional services and other gross loss of $2.7 million, representing negative 6% of professional services and other revenues.
Total gross profit of $370.9 million, representing 74% of total revenues.
Loss from operations of $7.1 million.
Net loss of $24.2 million, or loss of $0.14 per basic and diluted miwfy.
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