Veeva Systems raised its fiscal 2027 revenue outlook to $3.682B-$3.687B following stronger-than-expected second-quarter results.
Veeva Systems reported fiscal 2027 second-quarter results that exceeded expectations on both revenue and earnings per share, prompting an upward revision to its full-year guidance. The company now projects revenue between $3.682 billion and $3.687 billion, up from the prior range of $3.635 billion to $3.645 billion.
The revised outlook reflects stronger performance in the quarter, though specific figures for Q2 were not detailed. Veeva’s shares surged approximately 9% in after-hours trading following the announcement.
Market reaction was immediate, with investors responding positively to the improved guidance and earnings beat.