ServiceNow Revenue Comes In Just Shy of Estimates. AI Demand Stayeds Strong. - Barron's
1. ServiceNow's Q4 earnings slightly exceed estimates, but revenues missed expectations. 2. Subscription revenues forecasted below Wall Street estimates for the full year. 3. Board approved a $3 billion stock buyback, indicating confidence in the company. 4. Significant growth in AI-related services, with 150% increase in Now Assist deals. 5. Strengthening U.S. dollar may impact future subscription revenues by $175 million.