ServiceNow Expects FY Subscription Revenue Between $12.78 Bln To $12.80 Bln

July 24 (Reuters) - ServiceNow Inc NOW.N:

• SERVICENOW Q2 REVENUE $3.22 BILLION VERSUS IBES ESTIMATE $3.12 BILLION

• SERVICENOW Q2 ADJUSTED. EPS $4.09 VERSUS IBES ESTIMATE $3.57

• SERVICENOW Q2 SUBSCRIPTION REVENUE $3.11 BILLION VERSUS IBES ESTIMATE $3.03 BILLION

• SERVICENOW OUTLOOK FY SUBSCRIPTION REVENUE $12.78 BILLION TO $12.80 BILLION VERSUS IBES ESTIMATE $12.66 BILLION

• SERVICENOW: Q3 TO HAVE ABOUT 2 POINTS OF HEADWINDS TO CRPO GROWTH AS CONTRACTUAL OBLIGATIONS WIND DOWN

• SERVICENOW: EXPECT LARGER-THAN-AVERAGE CUSTOMER COHORT TO RENEW IN Q4, AT WHICH TIME HEADWINDS TO CRPO GROWTH WILL SUBSIDE

• SERVICENOW: EXPECT DYNAMICS OF U.S. FEDERAL AGENCIES TIGHTENING BUDGETS & EVOLVING MISSION DEMANDS TO CONTINUE INTO Q3

• SERVICENOW OUTLOOK Q3 SUBSCRIPTION REVENUE $3.26 BILLION TO $3.27 BILLION VERSUS IBES ESTIMATE $3.20 BILLION