Veeva Sees Revenue Growth and Keeps Up $2B Buyback Program
Veeva’s aggressive $2B buyback offsets stock-based compensation, reduces share count, and supports EPS growth, with $1.4B remaining for future repurchases. The company reports robust finances with $1.8B cash, $5.4B short-term investments, and minimal debt. Veeva also delivered accelerating revenue growth of 18% in Q2/27, surpassing guidance and expectations.