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SPIN Processed News Frame: The Cushion
Workday reports Q2 revenue up 12.8% YoY to $2.65B vs. $2.63B est., and total subscription revenue backlog up 8% YoY to $27.4B, vs. $28.6B est. (Brody Ford/Bloomberg)
Workday reported Q2 revenue of $2.65B (12.8% YoY growth, beating $2.63B estimate) but disclosed subscription revenue backlog of $27.4B — 4.2% below the $28.6B analyst estimate — signaling weaker forward sales visibility.
Spin 65% Claim Present in Source
Techmeme
Aug 28, 2026
SPIN Processed News Frame: The Hype
ServiceNow reports Q2 subscription revenue up 24.5% YoY to $3.88B, increases full year subscription revenue growth estimate to 23%; NOW jumps 4%+ after hours (Brody Ford/Bloomberg)
ServiceNow reported Q2 subscription revenue of $3.88B, up 24.5% year-over-year, and raised its full-year subscription revenue growth forecast to 23%, triggering a 4%+ after-hours stock surge.
Spin 70% Claim Present in Source AI Risk Moderate
Techmeme
Jul 23, 2026