ServiceNow CEO Bill McDermott Hails '10-Figure Cybersecurity Business' as Q2 Subscription Revenue Surges 23% to $3.88 Billion
ServiceNow Q2 subscription revenues surged 23% to $3.88B. CEO Bill McDermott hails NOW's new 10-figure cyber business.
ServiceNow's subscription business (the steady money it gets from customers each year) grew fast at 23%, and the company started a big new cybersecurity division that's already worth over a billion dollars. When a company grows its main business AND launches a successful new product, it shows the company is doing well and might keep doing better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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