ServiceNow slumps after Q3 profit miss

By Reuters News

** Shares of software maker ServiceNow NOW.N slump 18.3% to $122.40 premarket

** Co reports Q3 adjusted profit of $1 per share, missing analysts' expectations of $1.02 per share, according to data compiled by LSEG

** Raises full-year 2026 subscription revenue outlook to $15.78 billion-$15.79 billion

** "Given high sentiment for NOW into Q3, shares will likely move lower in the short term" - Barclays

** YTD, stock down 2%, as of last close

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk