"ServiceNow reported Q4 FY2025 EPS of $0.92 versus $0.89 expected on revenue of $3.57 billion, up 20.66% year over year. cRPO grew 25%, and Now Assist net new ACV more than doubled."
"CEO Bill McDermott told investors there is 'no AI company in the enterprise better positioned for sustainable profitable revenue growth than ServiceNow.'"
"A caller relayed feedback from a CEO who said, 'flat out nothing has changed in their software purchasing habits due to AI.'"
"ServiceNow closed 244 deals over $1 million in net new ACV, up nearly 40% year over year, and now has 603 customers generating more than $5 million in ACV."
The Motley Fool Money podcast panel challenged the belief that AI will harm enterprise software demand, particularly in light of ServiceNow's recent earnings report. Despite a 14% stock drop, ServiceNow exceeded earnings expectations and raised future guidance. The panel emphasized that real-world demand remains strong, with feedback indicating no change in software purchasing habits due to AI. ServiceNow's metrics, including significant deal closures and customer growth, suggest it is well-positioned to benefit from AI advancements rather than suffer from them.
Read at 24/7 Wall St.
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