Workflow biz ServiceNow ServiceWows itself by beating Q4 guidance and posting hefty top line growth of 31% for FY2020
IT helpdesk vendor ServiceNow has beat its own forecasts for calendar Q4 revenue and posted 2020 growth of 31 per cent. Led by Bill McDermott, the ebullient former SAP boss, the workflow software biz reported revenue for Q4 of $1.25bn, representing a 31 per rise year-on-year. The vast majority of this was based on subscriptions sales. Gross profit for the quarter hit $971m – yes, that’s a margin of…
