How Does Veeva Systems Make Money

How Does Veeva Systems Make Money Veeva Systems NYSE VEEV is the go to enterprise SaaS solution in the life sciences industry Since the company s IPO in late 2013 the stock has generated a 700 return to date as the business

Veeva s revenue rose 29 year over year to 455 6 million exceeding estimates by 4 7 million Its adjusted net income increased 31 to 152 7 million or 0 94 per share which topped These 3 drivers of growth make me feel confident that Veeva will be able to keep meeting and exceeding its long term revenue targets In 2019 the company set the goal of 3 billion in revenues in

How Does Veeva Systems Make Money

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Veeva Systems a top performer in the last bull market has seen a nearly 30 drop in its share price since the start of 2022 Over the course of 2009 to 2021 investors poured money into Veeva Systems VEEV 0 34 was arguably one of the top growth stocks of the past five years If you had invested 5 000 in the firm in 2016 that investment would be worth well over 49 100 today

Veeva Systems US 185 share price signals that it might be 36 undervalued Our fair value estimate is 31 higher than Veeva Systems analyst price target of US 222 Veeva Systems is up 40 percent so far this year Can it continue to deliver healthy gains after earnings Jim Cramer has the exclusive with Veeva s founder a

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Shares of Veeva Systems VEEV 1 16 a provider of cloud services for life science companies have surged nearly 90 over the past 12 months Let s delve deeper into Veeva examine the bullish PLEASANTON Calif March 2 2022 Veeva Systems Inc NYSE VEEV a leading provider of industry cloud solutions for the global life sciences industry today announced results for its fourth quarter and fiscal year ended January 31 2022 We founded Veeva 15 years ago with a clear vision of the industry cloud for life sciences said

Summary Veeva Systems is a cloud based software solution provider for the pharmaceutical and life sciences industries Veeva is valued at over 20 billion and is considered a top player in the Veeva Systems Inc is an American cloud computing company focused on pharmaceutical and life sciences industry applications Headquartered in Pleasanton California it was founded in 2007 by Peter Gassner and Matt Wallach It works with software as a service SaaS in the life science industry The company went public in October 2013 3 4 As of May 5 2022 it has a market capitalization

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How Does Veeva Systems Make Money - Stock to Watch Veeva Systems VEEV Headquartered in Pleasanton CA Veeva Systems Inc offers cloud based software applications and data solutions for the life sciences industry