Veeva Systems Q3 Results: Expecting 13.4% Revenue Growth

Veeva Systems, a leading cloud software provider for life sciences, is set to release its latest financial results this Thursday. Last quarter, the company reported a 16% year-over-year revenue increase, surpassing analyst expectations. This quarter, analysts predict a 13.4% growth, reaching nearly $800 million in revenue and $1.95 per share in adjusted earnings. Veeva has a strong history of outperforming Wall Streets predictions, with a 2% average beat over the last two years. Meanwhile, competitors like Doximity and Toast have seen mixed results, with Doximitys stock falling despite beating expectations and Toasts stock rising after exceeding estimates. As we await Veevas announcement, the life sciences software market will be closely watching to see how the company performs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.