ServiceNow Inc

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Description

ServiceNow’s Q4 2023 earnings present a compelling story of growth powered by artificial intelligence (AI). The company reported subscription revenue growth of 25.5% at constant currency, 200 basis points above its guidance and cRPO growth of 23% at constant currency, also 200 basis points above its guidance. In addition, the company reported 168 deals greater than $1 million in net new ACV, a 33% increase from the previous year. AI has significantly contributed to ServiceNow’s remarkable performance, highlighting its effectiveness as a high[1]performance engine for growth. Furthermore, the company’s three workflow businesses – technology, customer, and creator, have each generated over $1 billion in ACV, endorsing the breadth and depth of the company’s portfolio.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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