Tag: $Service Now

ServiceNow (NOW) can’t catch a break. The software company’s earnings report beat expectations but investors are shunning the sector and still look wary of its acquisition strategy, sending shares falling early Thursday.

ServiceNow will acquire cybersecurity startup Armis in a cash deal valued at $7.75 billion, the company said Tuesday.

ServiceNow Inc. is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as $7 billion and would represent the tech company’s largest acquisition to date.

ServiceNow on Wednesday reported better-than-expected financial results and forecast more subscription revenue than Wall Street had penciled in, saying demand is strong despite an uncertain economic outlook.

ServiceNow reported a mixed fourth quarter, forecasting subscription revenue that was just shy of Wall Street estimates, sending the stock lower in after-hours trading.

ServiceNow  posted better-than-expected results for its latest quarter and lifted its full-year outlook.