PANews|Oct 28, 2026 20:54
[ServiceNow Reports Q3 Revenue of $4.11 Billion, Shares Plunge Over 14% in After-Hours Trading]
(According to Investing.com) Enterprise software company ServiceNow reported Q3 2026 earnings, with revenue of $4.11 billion, slightly above market expectations of $4.09 billion; subscription revenue of $3.99 billion, a 21% year-over-year increase; and adjusted earnings per share of $1, below analysts' expectations of $1.02. The company's Q4 guidance fell short of analysts' expectations, and ServiceNow's after-hours stock price plunged over 14% after the earnings release. Bloomberg reports that its sales outlook has reignited market concerns about the impact of AI on the software industry.
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