Tag Archives: veev

Signet, Veeva Among Top Earnings Reports Due Tue.

Earnings season is winding down, but it’s not over yet. Your top earnings reports to watch Tuesday are from Analog Devices (ADI), Tech Data (TECD), Signet Jewelers (SIG) and Veeva Systems (VEEV). Apple (AAPL) chip supplier Analog Devices has an IBD Composite Rating of 79 out of 99 and reports before the open. Its earnings are projected to grow 20% while revenue increases 12%. IT product distributor Tech Data also reports before the open. Earnings

Veeva’s Q4 Beat, Buyout Fail To Impress Market

Cloud company Veeva Systems late Tuesday beat Q4 earnings estimates, but its guidance was basically in line. The company announced a buyout, and shares plunged after hours. For fiscal Q4 ended Jan. 31, Veeva (VEEV) made 12 cents a share excluding one-time items, up 71% from the year-earlier quarter and 3 cents above analysts’ consensus, according to Thomson Reuters. Sales rose 39% to $87 million, about $2 million above consensus. For the year, the

Veeva Stock Jumps After Q3 Earnings, Guidance Beat

Shares of Veeva Systems (VEEV), a software provider to the life-science industry, jumped 9% in early trading in the stock market today after the company beat fiscal Q3 estimates and raised its guidance late Tuesday. Veeva’s earnings for the quarter ended Oct. 31 totaled 9 cents a share, up 50% from the year-earlier quarter and beating analysts’ consensus by a penny. Revenue rose 52% to $83.8 million, about $5 million above the average estimate.