The company said subscription revenues for Q4 2023 rose 27% year over year to $2,365 million, and total revenues rose 26% to $2,437 million. It said cRPO grew 24% to $8.60 billion in the same quarter.

1. 01

   The company said subscription revenues for Q4 2023 rose 27% year over year to $2,365 million, and total revenues rose 26% to $2,437 million. It said cRPO grew 24% to $8.60 billion in the same quarter.

2. 02

   ServiceNow said net cash provided by operating activities for 2023 was $3,398 million, and free cash flow on a non-GAAP basis was $2,728 million. It said share repurchases for the year totaled $538 million, of which $256 million was repurchased in Q4.

3. 03

   The company said its full-year 2024 subscription revenues outlook is $10,555 million to $10,575 million, and its non-GAAP operating margin outlook is 29%. For Q1, it said it expects subscription revenues of $2,510 million to $2,515 million and cRPO growth of 20%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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