ServiceNow's stock wavers despite strong subscription sales, revenue jump as AI products gain hold
NOWServiceNow(NOW) Market Watch·2024-01-25 05:23

ServiceNow Inc.’s stock bounced between slight gains and losses in after-hours trading Wednesday, after the company reported a quarterly bounce in revenue on strong subscription sales. “The gen-AI solutions we put into the marketplace in one quarter outsold any other product we put in the market,” ServiceNow NOW, +1.33% Chief Executive Bill McDermott said in an interview Wednesday. The software company is riding the momentum of a 27% jump in quarterly subscription sales to $2.37 billion, and an aggressive p ...