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Veeva Systems (VEEV) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-11-28 16:01
Veeva Systems (VEEV) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Decembe ...
Report Reveals 70% of Medtechs Use Manual Processes for Managing Content and Claims
Prnewswire· 2024-11-21 12:03
Reducing content approvals from more than four weeks and automating claims are key opportunities to drive speed to marketPLEASANTON, Calif., Nov. 21, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced findings from the 2024 Veeva MedTech Commercial Benchmark survey revealing nearly 70% of medtech organizations rely on manual processes and homegrown applications to manage commercial content and claims. Without a purpose-built content management system, medtech commercial teams face go-to-market ...
Veeva Announces New Digital Hazard Analysis and Critical Control Point (HACCP) Solution
Prnewswire· 2024-11-19 12:03
Core Insights - Veeva Systems has launched a new cloud-based digital Hazard Analysis and Critical Control Point (HACCP) solution as part of the Veeva QualityOne Suite, aimed at enhancing food safety and quality processes for food and beverage manufacturers [1][2] - The digital HACCP solution is designed to provide global visibility and standardization of HACCP plans while allowing for regional market flexibility to meet specific country needs [2][3] - Nestlé is an early adopter of this digital HACCP solution, emphasizing its importance in proactive quality management across its extensive product range [3] Company Overview - Veeva Systems, founded in 2007, specializes in industry-specific cloud software solutions tailored to the consumer products, food and beverage, and chemical industries [4] - The company aims to help market-leading companies eliminate inefficiencies and expedite the delivery of high-quality products without compromising safety or compliance [4] - Veeva operates as a Public Benefit Corporation, focusing on balancing the interests of various stakeholders, including customers, employees, and shareholders [4]
Veeva Systems (VEEV) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-11-18 23:50
In the latest market close, Veeva Systems (VEEV) reached $213.68, with a +0.15% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.39% for the day. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.6%.The the stock of provider of cloud-based software services for the life sciences industry has fallen by 3.6% in the past month, lagging the Computer and Technology sector's gain of 0.59% and the S&P 500' ...
Veeva to Release Fiscal 2025 Third Quarter Results on December 5, 2024
Prnewswire· 2024-11-14 21:14
Group 1 - Veeva Systems will announce its financial results for the third quarter of fiscal 2025, which ended on October 31, 2024, after market close on December 5, 2024 [1] - A conference call and webcast will be held on December 5, 2024, at 2:00 p.m. PT (5:00 p.m. ET) to discuss the financial results [1][2] - Prepared remarks will be posted on Veeva's investor relations website at approximately 1:05 p.m. PT (4:05 p.m. ET) on the same day [2] Group 2 - Veeva Systems is recognized as the global leader in cloud software for the life sciences industry, serving over 1,000 customers, including major pharmaceutical companies and emerging biotechs [2] - The company operates as a Public Benefit Corporation, focusing on balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves [2]
Is Veeva (VEEV) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-11-12 15:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Veeva Systems (VEEV) .Veeva currently has an average brokerage re ...
Veeva Systems (VEEV) Laps the Stock Market: Here's Why
ZACKS· 2024-11-11 23:50
Veeva Systems (VEEV) closed the most recent trading day at $236.87, moving +0.8% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.1%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.06%.The the stock of provider of cloud-based software services for the life sciences industry has risen by 11.21% in the past month, leading the Computer and Technology sector's gain of 4.92% and the S&P 500's gain of 4. ...
Veeva (VEEV) Surges 5.2%: Is This an Indication of Further Gains?
ZACKS· 2024-11-11 10:05
Veeva Systems (VEEV) shares ended the last trading session 5.2% higher at $235. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.3% gain over the past four weeks.The sharp upsurge in VEEV shares can be attributed to positive market sentiment surrounding its strong recent financial performance. The company has shown impressive growth, with a year-to-date returns of 22%. Investors seem to be optimistic about Veeva S ...
Walgreens and Veeva Form Strategic Partnership
Prnewswire· 2024-10-24 12:00
DEERFIELD, Ill. and PLEASANTON, Calif., Oct. 24, 2024 /PRNewswire/ -- Walgreens (Nasdaq: WBA), an integrated healthcare, pharmacy, and retail leader, and Veeva Systems (NYSE: VEEV) a leading provider of software, data, and services for the life sciences industry, today announced a long-term partnership to help life sciences companies improve patient outcomes.The partnership enriches Veeva Data Cloud products and allows Walgreens to better serve life sciences through access to Veeva Data Cloud and Veeva Clin ...
Veeva to Host Virtual Investor Day on Nov. 7, 2024
Prnewswire· 2024-10-15 20:30
Event Details - Veeva Systems will host its 2024 Investor Day virtually on Thursday, November 7, 2024, starting at 1:30 p.m. PT and concluding at approximately 3:30 p.m. PT [1] - The event will be broadcast live on the company's investor relations website, ir.veeva.com, with an archived webcast available post-event [1] - Online event registration is accessible via the company's investor relations website or a direct link provided [1] Company Overview - Veeva Systems is the global leader in cloud software for the life sciences industry, serving over 1,000 customers, including major pharmaceutical companies and emerging biotechs [2] - The company is a Public Benefit Corporation, committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves [2] Investor Relations - Veeva uses its ir.veeva.com website to disclose material non-public information, announce upcoming investor conferences, and comply with Regulation FD disclosure obligations [3] - Investors are advised to monitor the investor relations website in addition to press releases, SEC filings, and public conference calls and webcasts [3] Contact Information - Investor Relations Contact: Gunnar Hansen, Veeva Systems Inc., 267-460-5839, [email protected] [3] - Media Contact: Maria Scurry, Veeva Systems Inc., 781-366-7617, [email protected] [3]