Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / VEEV - Veeva Q1: Guidance Cut Does Not Impact My Long-Term Bullish View

VEEV - Veeva Q1: Guidance Cut Does Not Impact My Long-Term Bullish View

Veeva Systems Inc. Class A

2024-06-03 01:22:43 ET

Summary

  • Veeva Systems lowers full-year revenue guidance by $30 million, disappointing the market.
  • Weak macro environment, prioritization of AI investments, and layoffs among biotech and pharma companies contribute to guidance cut.
  • The near-term outlook predicts 14% revenue growth, with potential for margin expansion and improved profitability in the future.

...

For further details see:

Veeva Q1: Guidance Cut Does Not Impact My Long-Term Bullish View
Stock Information
Company Name: Veeva Systems Inc. Class A
Stock Symbol: VEEV
Market: NYSE
Website: veeva.com
Menu
VEEV VEEV Quote VEEV Short VEEV News VEEV Articles VEEV Message Board
Get VEEV Alerts

News, Short Squeeze, Breakout and More Instantly...