ServiceNow tops estimates, approves 5-for-1 stock split
1. ServiceNow's Q3 results exceeded expectations with $4.82 EPS vs. $4.27 estimated. 2. Subscription revenues were $3.3 billion, surpassing the $3.26 billion estimate. 3. The company increased full-year revenue guidance to $12.84-$12.85 billion. 4. AI initiatives project $500 million in annual contract value, aiming for $1 billion by 2026. 5. The board approved a five-for-one stock split to enhance retail investor accessibility.