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NOW — ServiceNow News Story

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ServiceNow rises after Q2 profit beat

BUZZ-ServiceNow rises after Q2 profit beat

** ServiceNow's shares NOW.N rise 6.7% to $101.94 in extended trade

** Second-quarter subscription revenue of $3.88 billion and adjusted profit per share of 90 cents exceed LSEG-compiled analysts' average estimates of $3.82 billion and 85 cents, respectively

** 46 of 51 brokerages rate the stock "buy" or higher, three "hold" and two "sell"; their median PT is $140

** As of last close, ServiceNow down about 37% YTD


(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com;))

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