Veeva Systems shares fell 5.14% in after-hours trading on Wednesday.
The movement followed the company's release of its fiscal 2027 first-quarter results and forward guidance. Veeva reported Q1 revenue of $882.9 million, beating the IBES estimate of $853.6 million, and adjusted EPS of $2.24, surpassing the $2.13 consensus. The company also provided Q2 revenue guidance of $902-$905 million and full-year revenue guidance of $3.635-$3.645 billion.
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