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Jim Cramer — ServiceNow Delivered the 'Perfect Quarter'

TheStreet's Jim Cramer has nothing but nice things to say about ServiceNow (NOW - Get Report) in the wake of its first-quarter earnings results, released after the market close Wednesday.

"ServiceNow delivered the perfect quarter," he said while at the New York Stock Exchange Thursday. "What's a perfect quarter in a high-growth environment? You've got to do plus-40% revenue growth."

The Santa Clara, Calif.-based enterprise cloud company reported earnings of 9 cents per share on revenue of $305.88 million for the first quarter, exceeding...