Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Veeva Systems Shot 10% Higher Today

TheMotleyFool

0 0

Veeva Systems (NYSE: VEEV) ended the week in style, zooming higher by slightly over 10% on Friday. The reason why was simple -- quarterly results that blew past analyst expectations.

For Veeva's first quarter of its fiscal 2022, the healthcare data analytics and management specialist booked $433.6 million in revenue, 29% higher year over year. That was helped by a 26% increase in subscription services, in turn supported by a record quarterly addition of 59 new customers (Veeva's count now exceeds 1,000).

Image source: Getty Images.

Source Fool.com

Like: 0

VEEV

Share