ServiceNow stock sinks 14% as subscription revenue takes hit from Iran war
Cybersecurity
ServiceNow reported first-quarter results on Wednesday that narrowly beat Wall Street's estimates as the software company said the conflict in the Middle East dragged on subscription revenue. Here's how the company performed versus LSEG estimates: Revenue for the quarter grew 22% year over year. The company reported $469 million in net income, or 45 cents per share, a slight increase from $460 million, or 44 cents per share, a year ago. The company said in its release that subscription revenue
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