26 Jul 2024 CMB International Global Markets | Equity Research | Company Update ServiceNow (NOW US) Strong cRPO growth and GenAI momentum ServiceNow reported 2Q24 financial results: total revenue grew by 22% YoY to US$2.63bn, inline with consensus estimate; non-GAAP operating income was up by 32$720mn, 9% ahead of consensus estimate on strong efficiency gains. cRPO increased by 22% YoY to US$8.78bn in 2Q24, 2% above previous guidance of management, thanks to the robust momentum of large-size deal ...