VEEV stock is the notable gainer on Thursday after Veeva Systems Inc (NYSE:VEEV) reported much better than estimated first-quarter results.
Late Wednesday, the company posted its earnings for Q1 2019, and the numbers are solid. In addition to that, Veeva also raised its projections for the entire year and provided projections for Q2 2019.
Revenue Jumps 25%In Q1 2019, the company’s revenues rose by 25% and touched $244.8 million. This climb is largely due to the rise in subscriptions by a solid 27%. The revenue figures beat analyst estimates of $238 million comfortably. ...
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