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Veeva Systems Inc. Is Tanking Today -- but Why?

TheMotleyFool

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Veeva Systems Inc. Is Tanking Today -- but Why?

Despite the company's good-looking earnings and a bullish guidance, shares of Veeva Systems (NYSE: VEEV), a provider of cloud-based business software to the life sciences industry, fell by 12% as of 11:25 a.m. EDT on Friday.

Here's a review of the headline numbers from the second quarter of fiscal 2018:

CFO Tim Cabral said this about the quarter:

Source: Fool.com