Servicenow, Inc. Announces Earnings Results for the Fourth Quarter of 2015; Provides Earnings Guidance for the First Quarter and Full Year of 2016
The company provided earnings guidance for the first quarter and full year of 2016. For the first quarter of 2016, the company expects total revenues between $298 million and $303 million, representing year-over-year growth between 41% and 43% and between 42% and 44% in constant currency, a negative impact of $2 million. The company expects an operating margin and free cash flow margin of approximately 5% and 21%, respectively.
For full year 2016, the company expects total revenues between $1.34 billion and $1.37 billion, representing year-over-year growth between 33% and 36% and between 34% and 37% in constant currency, a negative impact of $6 million. The company expects the non-GAAP tax rate to be somewhere around 35%.