Why Veeva Systems (VEEV) Stock Is Climbing In After-Hours Trading Today

NEW YORK (TheStreet) -- Shares of Veeva Systems  (VEEV) are climbing, up 10.23% to $27.79 in after-hours trading today, following its fiscal second quarter non-GAAP earnings of 9 cents per diluted share, beating the 7 cents per share analysts expected.

Non-GAAP net income for the second quarter was up 69% to $12.4 million, compared to the $7.3 million in the same quarter of last year.

Veeva reported revenue of $75.7 million for the quarter, up 53% from one year ago, and beating analysts' estimate of $69.3 million. 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

VEEV Chart VEEV data by YCharts

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

More from Markets

Comcast Details $30 Billion Bid for Britain's Sky in Takeover Battle With Fox

Comcast Details $30 Billion Bid for Britain's Sky in Takeover Battle With Fox

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

The Global Stock Market Rout Spreads Across the World

The Global Stock Market Rout Spreads Across the World

Credit Suisse Shares Surge After Strong Q1, Record Wealth Management Inflows

Credit Suisse Shares Surge After Strong Q1, Record Wealth Management Inflows

Facebook's Investors Have a Big Day Ahead

Facebook's Investors Have a Big Day Ahead