Veeva Systems (VEEV) Tops Q1 EPS by 12c; Issues Solid Outlook

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Go back to Veeva Systems (VEEV) Tops Q1 EPS by 12c; Issues Solid Outlook

Veeva Systems (VEEV) shares rise after topping guidance estimates

June 1, 2023 8:35 AM EDT

Veeva Systems (NYSE: VEEV) shares surged premarket Thursday after topping first-quarter estimates, while its guidance also came in above analyst consensus expectations.

Shares of the cloud-computing firm are trading 8% above the previous session's close.

Aftermarket on Wednesday, Veeva Systems reported Q1 EPS of $0.91, $0.12 better than the analyst estimate of $0.79, while revenue for the quarter came in at $526.3 million versus the consensus estimate of... More