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Veeva: Fiscal Q3 Earnings

Veeva Systems Inc. (VEEV) on Wednesday announced monetary second from last quarter total compensation of $105.9 million.

On a for every offer premise, the Pleasanton, California-based organization said it had a net gain of 65 pennies. Income, adapted to one-time gains and expenses, came to 97 pennies for every offer.

The outcomes beat Wall Street assumptions. The normal gauge of eight experts reviewed by Zacks Investment Research was for a profit of 88 pennies for each offer.

The supplier of cloud-based programming administrations for the existing sciences industry posted an income of $476.1 million in the period, additionally surpassing Street gauges. Seven investigators studied by Zacks expected $465.3 million.

For the current quarter finishing off with January, Veeva anticipates that its per-share earnings should be 88 pennies.

The organization said it expects income in the scope of $478 million to $480 million for the financial final quarter.

Veeva anticipates that full-year earnings should be $3.69 per share, with income going from $1.84 billion to $1.85 billion.



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