ServiceNow Inc.'s /zigman2/quotes/202729495/composite NOW -5.15% stock was up 7% in after-hours trading Wednesday after the cloud-services company reported solid third-quarter results and introduced its new chief executive. ServiceNow reported earnings of $1.03 a share. Revenue soared 32% to $885.8 million. Analysts surveyed by FactSet had expected earnings of 99 cents a share on revenue of $886 million. Following its results, the company held a conference call with Bill McDermott, the former SAP SE /zigman2/quotes/207905606/composite SAP -0.51% CEO who is joining the company by the end of the year. McDermott succeeds John Donahoe, who was named Nike Inc. /zigman2/quotes/203439053/composite NKE +1.15% CEO on Tuesday. ServiceNow shares are up 24% this year. The S&P 500 index /zigman2/quotes/210599714/realtime SPX +2.28% has gained 20% this year.