ServiceNow Issues Strong Revenue Outlook, Touts AI Sales
ServiceNow attributed the strong results to adoption of Now Assist, the company’s generative AI product.
Photographer: David Paul Morris/BloombergServiceNow Inc. gave a strong outlook for revenue growth in the third quarter and touted customer adoption of its artificial intelligence software tools.
Subscription revenue in the period ending in September will be about $3.26 billion, the company said Wednesday in a statement. Analysts, on average, estimated $3.21 billion, according to data compiled by Bloomberg.