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Stifel Raises Price Target on Veeva Systems (VEEV) Following Strong 3Q

Go back to Stifel Raises Price Target on Veeva Systems (VEEV) Following Strong 3Q

Veeva Announces Fiscal 2017 Third Quarter Results

November 22, 2016 4:06 PM EST

Total Revenues of $142.8M, up 34% Year-over-year;

Subscription Services Revenues of $113.6M, up 39% Year-over-year

PLEASANTON, Calif.--(BUSINESS WIRE)-- Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for life sciences, today announced results for its fiscal third quarter ended October 31, 2016.

Our ability to execute across multiple large markets, along with a track record of bringing real cloud innovation and a commitment to the customer, is fundamental to our model, said CEO Peter Gassner. This cycle of customer success and our expanding... More