ServiceNow, Inc. announced unaudited consolidated financial results for the fourth quarter and full year ended Dec. 31, 2014. For the quarter, total revenues were $198,004,000 against $125,230,000 for the same period of last year. Loss from operations was $36,684,000 against $19,361,000 for the same period of last year. Loss before provision for income taxes was $43,246,000 against $23,687,000 for the same period of last year. Net loss was $44,663,000 against $24,232,000 for the same period of last year. Basic and diluted LPS was $0.30 against $0.17 for the same period of last year. Net cash provided by operating activities was $47,624,000 against $36,267,000 for the same period of last year. Purchases of property and equipment were $8,880,000 against $16,262,000 for the same period of last year. Non-GAAP net income was $4,887,000 or loss of $0.03 per basic and diluted share, compared to a non-GAAP net loss of $2,521,000 or $0.02 per basic and diluted share, in the fourth quarter of 2013. Non-GAAP income from operations was $12,349,000 against $1,912,000 for the same period of last year. Non-GAAP income before provision for income taxes was $13,238,000 against $1,084,000 for the same period of last year.

For the year, total revenues were $682,563,000 against $424,650,000 for the same period of last year. Loss from operations was $151,835,000 against $66,267,000 for the same period of last year. Loss before provision for income taxes was $175,540,000 against $71,197,000 for the same period of last year. Net loss was $179,387,000 against $73,708,000 for the same period of last year. Basic and diluted LPS was $1.23 against $0.54 for the same period of last year. Net cash provided by operating activities was $138,900,000 against $81,746,000 for the same period of last year. Purchases of property and equipment were $54,379,000 against $55,321,000 for the same period of last year. A non-GAAP net loss of $10,116,000 or a loss of $0.07 per basic and diluted share, compared to non-GAAP net loss of $9,612,000 or a loss of $0.07 per basic and diluted share, in the prior year. Non-GAAP income from operations was $10,301,000 against $714,000 for the same period of last year. Non-GAAP income before provision for income taxes was $15,655,000 against non-GAAP loss before provision for income taxes of $718,000 for the same period of last year.

For the first quarter of 2015 ending March 31, 2015, the company expects GAAP total gross margin of 63%, GAAP operating margin of 28% and non-GAAP total gross margin of 69%. Non-GAAP free cash flows expected to be $30 million. Purchases of property and equipment expected to be $26 million. GAAP net cash provided by operating activities expected to be $56 million. The company expects total revenues between $207 and $212 million, representing year-over-year growth between 49% and 52%. Total first quarter revenue estimate consists of subscription revenues between $176 and $180 million and professional services and other revenues between $31 and $32 million.

For the full year ending December 31, 2015, the company expects total non-GAAP operating margin of 5%. GAAP operating margin expected to be 23%. The company expects total revenues to be in the range of $960 million to $1 billion, representing year-over-year growth between 41% and 47%. Total annual revenue estimate consists of subscription revenues between $810 and $840 million and professional services and other revenues between $150 and $160 million.