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Thursday, December 05, 2013 8:31:49 PM

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Veeva Announces Fiscal 2014 Third Quarter Results

Date : 12/05/2013 @ 4:02PM
Source : Business Wire
Stock : VEEVA SYSTEMS INC (VEEV)
Quote : $40.98 0.84 (2.09%) @ 8:00PM


Fiscal 2014 Third Quarter Results:

•Revenues: Total revenues for the third quarter were $55.0 million, up from $35.8 million one year ago, an increase of 54% year-over-year. Subscription services revenues were $38.9 million, up from $20.0 million one year ago, an increase of 95% year-over-year.

[....]

Financial Outlook:

Veeva is providing guidance for the fourth quarter of fiscal 2014 as follows:

• Total revenues between $57 and $58 million, an increase of 43% to 46% on a year-over-year basis. This implies full fiscal year revenues of approximately $204 to $205 million representing annual growth of 58% to 59%.

[....]

http://ih.advfn.com/p.php?pid=nmona&article=60289751



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