Veeva Systems shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY25 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Veeva Systems shares rose following the release of Q2 financial results that exceeded expectations. The company also provided Q3 and FY25 adjusted EPS guidance that surpassed estimates.
August 29, 2024 | 11:31 am
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Veeva Systems shares increased due to better-than-expected Q2 financial results and optimistic Q3 and FY25 EPS guidance.
The positive Q2 results and higher-than-expected guidance for Q3 and FY25 are likely to boost investor confidence, leading to a short-term increase in Veeva Systems' stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100