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Veeva Systems Inc. (VEEV) Is Rising After Q3 Earnings Exceeded Expectations

Veeva Systems Inc. (VEEV) reported third quarter non-GAAP EPS of $0.25 after the bell Tuesday, up from $0.22 last year. The consensus estimate was for EPS of $0.22. The company expects to report fourth quarter non-GAAP EPS of $0.21 to $0.22 and full year EPS of $0.91. Street expectations are for EPS of $0.20 and $0.87. The stock is now up 1.68 on 164K shares.

Veeva Systems was range-bound throughout Tuesday's session and closed up by 0.52 at $57.77.

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