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NOW's Subscription Growth Continues: Is Long-Term Momentum Secured?

NOW
Artificial IntelligenceTechnology & InnovationCompany FundamentalsCorporate EarningsCorporate Guidance & Outlook

ServiceNow delivered 21% subscription revenue growth, driven by rising AI adoption; management cites a solid backlog and high customer retention supporting continued momentum. The combination of strong recurring revenue growth and AI-driven demand points to durable revenue visibility and upside to near-term outlook.

Analysis

ServiceNow delivered 21% subscription revenue growth, driven by rising AI adoption; management cites a solid backlog and high customer retention supporting continued momentum. The combination of strong recurring revenue growth and AI-driven demand points to durable revenue visibility and upside to near-term outlook.

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