ServiceNow Q2 subscription revenues $2.075B (+25% YoY); raises FY 2023 guidance

ServiceNow, Inc.

2023-Q2 EPS reported $5.83 revenue$4,246,000,000

GAAP operating income $117M (5% margin); non-GAAP operating income $544M (25% margin).
cRPO $7.20B (+25% YoY); total RPO $14.2B (+24% YoY).
70 deals over $1M net new ACV (+30% YoY); 45 customers >$20M ACV (+55% YoY).
Board authorized $1.5B share repurchase program to offset dilution from equity grants.
Raised FY 2023 subscription revenue growth and operating margin guidance.

item 2.02 item 9.01

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. updated its the three months ended June 30, 2023 guidance (raised).

Period: the three months ended June 30, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On July 26, 2023, ServiceNow, Inc. (“ServiceNow” or the “Company”) issued a press release announcing financial results for the three months ended June 30, 2023.

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ServiceNow, Inc. filing history →

Source: SEC EDGAR

accession 0001373715-23-000323

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