ServiceNow flags Middle East deal delays, shares crash - Reuters
ServiceNow flags Middle East deal delays, shares crash Reuters
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Notable Quotes
"We don't know when these conflicts will get sorted out, but we continue to work with these customers."
— Amit Zavery , Executive
"I am not worried about the narrative."
— Amit Zavery , Executive
"We don't know when these conflicts will get sorted out, but we continue to work with these customers."
— Amit Zavery , Executive
"I am not worried about the narrative."
— Amit Zavery , Executive
"We don't know when these conflicts will get sorted out, but we continue to work with these customers."
— Amit Zavery , Executive
"I am not worried about the narrative."
— Amit Zavery , Executive
"We don't know when these conflicts will get sorted out, but we continue to work with these customers."
— Amit Zavery , Executive
"I am not worried about the narrative."
— Amit Zavery , Executive
"We don't know when these conflicts will get sorted out, but we continue to work with these customers."
— Amit Zavery , Executive
"I am not worried about the narrative."
— Amit Zavery , Executive
"the company's Middle East business did well in the quarter."
— Arvind Krishna , Executive
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<a href="https://news.google.com/rss/articles/CBMiwgFBVV95cUxOaVZ3R1dNVVlnQmpKMzFxXzlJN0lKU0t3U3hnZ3IyT3VkWE1wOHVacDFQN0VDRDV3X01waldJdnRkdFJBTmJwaTNGY2EyVmtxcDNyTUpFc0VRdHRxSGlkeGNvYm1NU3BhaDByLUwzdGU0LVJsZFFPdUdEdFJONjA5QTl1RFM0YVlSemRrSVNnVGh3Y2tOaHpiR0pDNzdGUFN4a1cxTGVpODMxaUZlRGM2N3RUR1U5cE9OQkZXb2t3VEludw?oc=5" target="_blank">ServiceNow flags Middle East deal delays, shares crash</a> <font color="#6f6f6f">Reuters</font>
ServiceNow's subscription revenue growth was impacted by delays in closing large government deals in the Middle East, leading to a 12% decline in shares during extended trading.
ServiceNow reported that delays in closing several large deals in the Middle East hurt first-quarter subscription revenue growth, sending its shares down 13% in extended trading.
ServiceNow Inc. reported lackluster results and said some sales deals have been delayed by the war in the Middle East, with shares declining about 13% in extended trading.
ServiceNow's subscription revenue growth faced a 75-basis-point headwind due to delayed closures of several large on-premises deals in the Middle East, attributed to ongoing conflicts in the region.
ServiceNow announced that delays in closing several large government deals in the Middle East impacted first-quarter subscription revenue growth, causing a 12% decline in shares during extended trading.
ServiceNow disclosed that delays in closing large government deals in the Middle East due to the Iran war impacted first-quarter revenue growth, leading to a 12% drop in shares after hours.
ServiceNow's subscription revenue growth faced a 75-basis-point headwind due to delayed closures of several large on-premises deals in the Middle East, attributed to ongoing conflicts in the region.
ServiceNow reported that delays in closing several large government deals in the Middle East hurt first-quarter subscription revenue growth, leading to a 12% drop in shares during extended trading.
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