8-KEarnings & ResultsExhibits & Filings

ServiceNow, Inc. 8-K Report, Financial Results (Apr 26, 2017)

Filed April 26, 2017For Securities:NOW

Summary

This 8-K filing from ServiceNow, Inc. (NOW) on April 26, 2017, primarily serves to announce the company's financial results for the first quarter ended March 31, 2017. The key takeaway for investors is that the company released its quarterly earnings through a press release, which is incorporated by reference in this filing. This release provides detailed operational and financial performance metrics. Investors should note that the company utilizes and discusses non-GAAP financial measures alongside GAAP measures, and a reconciliation is provided for clarity. The filing emphasizes the importance of reviewing both GAAP and supplemental non-GAAP information to gain a comprehensive understanding of ServiceNow's business performance.

Key Highlights

  • 1ServiceNow reported its financial results for the three months ended March 31, 2017, via a press release filed as an exhibit.
  • 2The filing includes a press release dated April 26, 2017, which contains the company's Q1 2017 financial performance.
  • 3ServiceNow uses and reconciles non-GAAP financial measures with GAAP financial measures, providing investors with supplemental information.
  • 4The company encourages investors to consider both GAAP and non-GAAP results for a full understanding of its business.
  • 5The filing is furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits).
  • 6The information presented is not deemed 'filed' for purposes of Section 18 of the Exchange Act, limiting certain liabilities.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly announce ServiceNow's financial results for the first quarter ended March 31, 2017, through an attached press release.

This filing itself does not contain detailed financial statements. Instead, it incorporates by reference a press release (Exhibit 99.1) which contains the company's financial results and a reconciliation of non-GAAP to GAAP measures.

ServiceNow presents its financial results on both a GAAP (Generally Accepted Accounting Principles) basis and a non-GAAP basis. The press release includes a reconciliation to help investors understand the differences between these two measures.

When information is 'furnished' under Item 2.02, it means it is provided to the SEC but is not subject to the same liability provisions as 'filed' information under Section 18 of the Exchange Act. This is standard practice for earnings releases.