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VEEV — Veeva Systems News Story

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Veeva Systems surges after Q2 earnings beat estimates

BUZZ-Veeva Systems surges after Q2 earnings beat estimates

** Shares of healthcare tech firm Veeva Systems VEEV.N gain more than 7% to $264.19 in premarket trading

** Co posts Q2 revenue of $927.96 mln vs estimates of $905.28 mln; adjusted EPS $2.35, above estimates of

$2.22

** Twenty-one out of 30 brokerages rate the stock "buy" or higher, eight "hold" and one "sell"; their median PT is $295 —LSEG data

** Up to the last day's close, stock is up 9.7% YTD


(Reporting by Sudeshna Ghoshal in Bengaluru)

((Sudeshna.Ghoshal@thomsonreuters.com;))

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