Seeking Alpha

More on ServiceNow's Q3: Q4 guidance is for revenue of $69M-$71M and EPS of -$0.05 to -$0.06,...

More on ServiceNow's Q3: Q4 guidance is for revenue of $69M-$71M and EPS of -$0.05 to -$0.06, largely favorable to a consensus of $69M-$71M and -$0.08. But with shares richly valued following a strong summer run-up, investors appear disappointed. Deferred revenue balance +13% Q/Q to $147.9M. R&D expenses up nearly 4x Y/Y to $10.8M. Sales/marketing expenses more than doubled Y/Y to $28.1M. NOW -3.2% AH. (PR)
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