Back to News
Market Impact: 0.3
ServiceNow Guides to Slower Backlog Growth: Rapid Earnings Reaction
Source: fool.com
Corporate Guidance & OutlookCompany FundamentalsCorporate Earnings
ServiceNow's Q3 backlog growth of 21% slightly outpaced revenue growth of 20.5%, both in constant currency. For Q4, backlog growth is guided at 18.5%, below the 21.5% revenue growth guide, indicating slower backlog growth relative to revenue.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.20
Ticker Sentiment
NOW-0.35
More News
- ServiceNow shares plunge 24% after earnings revive AI disruption fears
- ‘It was just a fight that we decided to pick’: Serval raises $150 million at a $3 billion valuation to take on ServiceNow
- We’re downgrading Alphabet after its rough quarter. Here’s where we’d buy again
- Nasdaq futures slide as mixed Big Tech results test AI trade
- Anthropic is asking Wall Street to believe in AGI
- ServiceNow Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into ServiceNow (NOW)