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IQV - Veeva Systems: Stellar Growth And Profitability Profile
IQVIA Holdings Inc.
2024-05-03 05:18:14 ET
Summary
Veeva Systems is an under-the-radar stock with impressive revenue growth and profitability in the life sciences software industry.
The company's business model relies on subscription revenues, providing opportunities for cross-selling and high retention rates.
VEEV holds around 16% of the global life sciences software market and has a more efficient and scalable business model compared to the industry's biggest name, IQVIA.