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Benzinga

Business

Adam Eckert

Why ServiceNow Stock Is Trading Higher

ServiceNow NYSE

ServiceNow Inc (NYSE:NOW) shares are trading higher Thursday after the company reported better-than-expected financial results.

ServiceNow said first-quarter revenue increased 27% year-over-year to $1.72 billion, which beat the $1.7 billion estimate, according to data from Benzinga Pro. Subscription revenues totaled $1.63 billion in the first quarter.

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One subscription that gives you access to news from hundreds of sites

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