ServiceNow Inc

NOW: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$524.00	Nxmr	Mwcscrwjvj

ServiceNow Earnings: Strength Abounds With Premium AI Solutions Coming in September

Dan Romanoff

Jul 27, 2023

ServiceNow exceeded our expectations for both revenue and profitability for its second quarter, provided good guidance for the third quarter, and raised its full-year outlook. Strong revenue paired with disciplined operations drove good margins. The firm’s performance is impressive, especially as the macro environment is unchanged. We also see a burgeoning artificial intelligence opportunity with substantially higher pricing than Pro versions that should contribute to revenue later this year.

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