ServiceNow Q1 subscription rev $2.02B (+24% YoY), raises FY guidance; adds Netflix VP to board, CCO resigns

ServiceNow, Inc.

2023-Q1 EPS reported $0.73 revenue$2,096,000,000

Subscription revenues $2,024M (+24% YoY; +27% in constant currency); total revenues $2,096M (+22% YoY).
cRPO $7.01B (+23% YoY; +25% constant currency); 66 transactions over $1M net new ACV, up 27% YoY.
Deborah Black, Netflix VP of Engineering, appointed to Board of Directors (effective April 25, 2023, board expanded to 11).
Lara Caimi resigned as Chief Customer Officer and GM, Impact and Services, effective May 31, 2023, to pursue other opportunity.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Deborah Black

Director

NOW · ServiceNow, Inc.

Effective: 2023-04-25
Filed: April 26, 2023, 7:59 PM ET

On April 25, 2023, the Board of Directors (the “Board”) of the ServiceNow, Inc. (the “Company”) expanded the size of the Board from ten to eleven members and appointed Deborah Black to serve as a director.

Departed

Lara Caimi

Chief Customer Officer and GM, Impact and Services

NOW · ServiceNow, Inc.

Effective: 2023-05-31
Filed: April 26, 2023, 7:59 PM ET

on April 24, 2023, Lara Caimi notified the Company of her decision to resign as Chief Customer Officer and GM, Impact and Services, effective May 31, 2023, in order to pursue another career opportunity.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ServiceNow, Inc. reported the three months ended March 31, 2023 results: revenue $2,096 million, net income $150 million, EPS $0.74 / $0.73. Guidance raised.

Period: the three months ended March 31, 2023
Revenue: $2,096 million
Net income: $150 million
EPS: $0.74 / $0.73
Guidance: raised
Result: reported results

Exact text from the filing

revenues guidance • Subscription revenues of $2,024 million in Q1 2023, representing 24% year-over-year growth, 27% adjusted for constant currency • Total revenues of $2,096 million in Q1 2023, representing 22% year-over-year growth, 24.5% adjusted for constant currency • Current remaining performance obligations (“cRPO”) of $7.01 billion as of Q1 2023,

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Deborah Black was appointed as Director at ServiceNow, Inc..

Action: appointed
Role: Director

Exact text from the filing

On April 25, 2023, the Board of Directors (the “Board”) of the ServiceNow, Inc. (the “Company”) expanded the size of the Board from ten to eleven members and appointed Deborah Black to serve as a director.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Lara Caimi resigned as Chief Customer Officer and GM, Impact and Services at ServiceNow, Inc..

Action: resigned
Role: Chief Customer Officer and GM, Impact and Services

Exact text from the filing

on April 24, 2023, Lara Caimi notified the Company of her decision to resign as Chief Customer Officer and GM, Impact and Services, effective May 31, 2023, in order to pursue another career opportunity.

View on SEC.gov

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ServiceNow, Inc. filing history →

Source: SEC EDGAR

accession 0001373715-23-000162

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