ServiceNow flags Middle East deal delays, shares crash - Reuters
ServiceNow flags Middle East deal delays, shares crash Reuters
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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 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.
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'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.
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