
ServiceNow Reports Q1 Revenue Growth, Raises Outlook Amid Stock Drop
ServiceNow announced a 22% year-over-year increase in Q1 subscription revenue and raised its 2026 subscription revenue outlook. Despite the positive financial performance, the company's stock experienced a 14% decline, partly attributed to the impact of the Iran war on subscription revenue.
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ServiceNow stock sinks 14% as subscription revenue takes hit from Iran war
The software company beat expectations for earnings and revenue as it continued to expand its artificial intelligence offerings.
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