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Why ServiceNow Stock Popped Today

TheMotleyFool

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Why ServiceNow Stock Popped Today: https://g.foolcdn.com/editorial/images/706497/cloud-computing-data-storage.jpg

ServiceNow (NYSE: NOW) shares were surging after the cloud software company delivered better-than-expected results on the bottom line in its third-quarter earnings report.

As a result, the stock was up 12.7% as of 12:10 p.m. ET.

ServiceNow, an enterprise software company that helps businesses create intelligent and automated workflows, said that revenue in the third quarter increased 21%, or 27.5% in constant currency, to $1.83 billion, which was slightly below estimates at $1.85 billion.

Source Fool.com

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