ServiceNow slumps after Q3 profit miss
NOW•ServiceNow shares fell 18.3% premarket after Q3 adjusted profit of $1 per share missed analysts’ $1.02 estimate. The company raised its 2026 subscription revenue outlook to $15.78 billion-$15.79 billion.
1. Results and outlook
ServiceNow reported Q3 adjusted profit of $1 per share, below analysts’ expectations of $1.02. It raised its full-year 2026 subscription revenue outlook to $15.78 billion-$15.79 billion. Barclays said shares would likely move lower in the short term given high sentiment ahead of the quarter.
