Report
Anna Baran
EUR 100.00 For Business Accounts Only

Veeva's Wide Moat in Life Sciences Cloud Services Remains Strong Despite Increased Competition

We believe Veeva’s results for its 2019 fiscal second quarter are a demonstration of the wide-moat firm's ability to successfully pursue revenue growth, even in an increasingly more competitive environment, and improve profitability. As a result of the firm’s continued strong performance, we plan to adjust our modeling assumptions over the explicit forecast period and anticipate a material increase to our fair value estimate. For the quarter, Veeva reported a 25% jump in revenue, operating incom...
Underlying
Veeva Systems Inc Class A

Veeva Systems provides industry cloud solutions for the life sciences industry. Veeva Commercial Cloud is a suite of multichannel customer relationship management applications, a commercial data warehouse, territory allocation and alignment applications, master data management applications and customer reference and data and services. Veeva Vault is the company's suite of cloud-based, enterprise content management applications that address the content management requirements for the company's customers'commercial functions, including medical and sales and marketing, and key research and development functions, including clinical, regulatory, quality, and, when available, safety.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Anna Baran

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