Cloud Stocks: Veeva Sees Traction on Vault CRM
According to a recent report, the global healthcare cloud computing market is expected to grow 21% annually to $62.47 billion by 2030. Veeva (NYSE: VEEV) recently announced its quarterly results that continued to impress the market. Veeva's Financials Veeva's Q3 revenues grew 12% to $616.5 million, ahead of the Street's forecast of $615.8 million. Non GAAP EPS was $1.34, also ahead of the Street's estimates of $1.29. By segment, revenues from subscription services grew 12% to $494.9 million. Professional services revenues grew 10% to $121.6 million. For the fourth quarter,...
Source: sramanamitra.com
