Scalper1 News
ServiceNow’s growth trajectory appears to have hit a speed bump. The maker of cloud-based enterprise software late Thursday gave disappointing Q2 revenue and billings guidance. ServiceNow (NOW) shres fell 12.7% to 72.29 Friday morning. The company estimated billings of $260 million to $265 million in the current quarter. That’s up 38% to 45% from Q1, but Q1 billings rose 48% sequentially, says J. Derrick Wood, an analyst for Susquehanna Financial Scalper1 News
Scalper1 News