ServiceNow Sees Q4 2023 Non-GAAP Subscription Revenues 23%-23.5%
Portfolio Pulse from Benzinga Newsdesk
ServiceNow expects its Q4 2023 Non-GAAP subscription revenues to grow by 23%-23.5%. The company's GAAP guidance for the same period indicates a growth of 24.5%-25% in subscription revenues, amounting to $2,320 - $2,325 million.
October 25, 2023 | 8:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
ServiceNow's projected increase in Q4 2023 Non-GAAP subscription revenues could potentially boost investor confidence and positively impact the company's stock price.
ServiceNow's projected increase in subscription revenues indicates a positive growth trajectory for the company. This could potentially attract more investors, leading to an increase in demand for the company's stock and subsequently, a rise in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100