Veeva Stock Jumps After Q3 Earnings, Guidance Beat

By | November 26, 2014

Scalper1 News

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. Scalper1 News

Scalper1 News