NOW Q4 Growth Shines, Bears Wince at Valuation; ‘Not About Making Money Per Se’ Says CEO
Shares of hosted software maker ServiceNow (NOW) fell $1.25, or 4%, to close at $27.72 on Tuesday, following a report of better-than-expected Q4 revenue and profit last night, and a forecast for revenue this quarter and this year that topped analysts’ estimates. The Street today seemed to be caught between appreciating the company’s growth and [...]
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