Veeva Systems (VEEV) PT Raised to $85 at Deutsche Bank

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Veeva Systems (VEEV) PT Raised to $100 at Needham & Company Following 2Q

August 24, 2018 7:36 AM EDT

Needham & Company analyst Scott Berg raised the price target on Veeva Systems (NYSE: VEEV) to $100.00 (from $90.00) while maintaining a Buy rating Following 2Q earnings report. 2Q revenue and EPS of $209.7mm/$0.39 came in ahead of $203.5mm/$0.34 estimates. Billings increased 20.4% Y/Y to $182.1mm, which... More

Veeva Systems (VEEV) Tops Q2 EPS by 5c, Revenues Beat; Offers FY19 EPS/Revenue Outlook Above Consensus

August 23, 2018 4:07 PM EDT

Veeva Systems (NYSE: VEEV) reported Q2 EPS of $0.39, $0.05 better than the analyst estimate of $0.34. Revenue for the quarter came in at $209.6 million versus the consensus estimate of $203.47 million.

Revenues: Total revenues for the second quarter were $209.6 million, up from $167.8 million one year ago, an increase of 25% year-over-year. Subscription services revenues for the second quarter were $169.6 million, up from $135.6 million one... More