Servicenow, inc. reports preliminary revenue results for the third quarter ended september 30, 2019; provides earnings guidance for the year 2019

Servicenow, inc. reported preliminary revenue results for the third quarter ended september 30, 2019. for the third quarter 2019, subscription revenues were $835 million, representing 35% year-over-year growth, adjusted for fx. subscription billings for the third quarter were $864 million, representing 29% year-over-year growth, adjusted for fx and duration. total revenues were $885.8 million and total billings were $915.2 million. for full year 2019 guidance, servicenow is carrying forward the $9 million in subscription revenues and $10 million in subscription billings that, excluding the impacts of fx and duration, exceeded the company’s previous mid-point guidance for the third quarter. for the full year 2019, servicenow expects subscription revenues between $3.240 billion and $3.245 billion, representing 36% to 37% year-over-year growth, adjusted for fx. this includes an impact of $18 million due to fx. servicenow expects full year 2019 subscription billings between $3.740 billion and $3.745 billion, representing 32% to 33% year-over-year growth, adjusted for fx. this includes an impact of $23 million due to fx and $10 million due to duration.
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