Shares of Veeva Systems Inc (NYSE: VEEV) Surge After an Impressive Earnings Report

Shares of Veeva Systems Inc (NYSE: VEEV) surge after an impressive earnings report. The company posted fiscal second-quarter earnings of 15 cents per share on revenue of $131.4 million. Analysts expected 13 cents a share on revenue of $126.6 million.

Veeva Systems Inc is a provider of cloud-based software solutions for the global life sciences industry. The Company offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data.

Peter Gassner, CEO of Veeva, explained in the report, “We’re bringing new industry cloud solutions to market at a rapid pace to address significant customer needs with great cloud technology and truly unified systems… It’s this innovation and proven track record of customer success that’s fueling our outperformance and sets us up for a long runway of growth into the future.”

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