Veeva Systems Shows Strong Performance in Q4 Amid Market Challenges

Reported 2 days ago

In its fourth-quarter investor letter, TimesSquare Capital Management highlighted Veeva Systems (NYSE: VEEV) for its strong execution, exceeding revenue expectations within the life sciences sector. Despite achieving $721 million in revenue and an operating income of $308 million, Veeva's stock remained flat. The company reported new business wins and a positive outlook, prompting increased investment interest, even as the broader market underperformed.

Source: YAHOO

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