On 29 MAY Veeva Systems Inc (NYSE:VEEV) reported a higher first-quarter profit, as improved subscriptions drove up revenues, with both earnings and revenue topping Wall Street estimates. Veeva Systems Inc (NYSE:VEEV) net profit margin is 7.40% and weekly performance is 14.79%. On last trading day company shares ended up $24.52. Analysts mean target price for the company is $31.40. Veeva Systems Inc (NYSE:VEEV) distance from 50-day simple moving average (SMA50) is 18.05%.
On 27 MAY Cerner Corporation (NASDAQ:CERN) announced that its board of directors approved an amendment to its stock repurchase program on May 23, 2014, at its regularly scheduled Board meeting, authorizing the repurchase of up to an additional $100 million of its common stock. This expands the $217 million repurchase program that was approved on Dec. 12, 2013, bringing the total to $317 million. The company plans to repurchase shares from time-to-time in the open market, by block purchase, or possibly through other transactions managed by broker-dealers. No time limit was set for completion of the program. Cerner Corporation (NASDAQ:CERN) shares fell -0.68% in last trading session and ended the day on $52.84. CERN Gross Margin is 82.90% and its return on assets is 10.10%. Cerner Corporation (NASDAQ:CERN) quarterly performance is -12.53%.
On 16 JUNE Medidata Solutions Inc (NASDAQ:MDSO) reported $0.11 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.05. The company had revenue of $76.60 million for the quarter, compared to the consensus estimate of $79.50 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 21.0% on a year-over-year basis. Analysts expect that Medidata Solutions will post $0.75 EPS for the current fiscal year. Medidata Solutions Inc (NASDAQ:MDSO) shares moved up 3.69% in last trading session and was closed at $41.17, while trading in range of $39.85 – $41.58. Medidata Solutions Inc (NASDAQ:MDSO) year to date (YTD) performance is -31.95%.
On 2 JUNE Quality Systems, Inc. (NASDAQ:QSII) reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.04. The company had revenue of $115.20 million for the quarter, compared to the consensus estimate of $112.22 million. During the same quarter last year, the company posted $0.21 earnings per share. Quality Systems’s revenue was up 3.5% compared to the same quarter last year. Analysts expect that Quality Systems will post $0.68 EPS for the current fiscal year. Quality Systems, Inc. (NASDAQ:QSII) ended the last trading day at $16.42. Company weekly volatility is calculated as 2.77% and price to cash ratio as 8.69. Quality Systems, Inc. (NASDAQ:QSII) showed a positive weekly performance of 3.86%.
On 30 MAY MedAssets, Inc. (NASDAQ:MDAS) reported $0.32 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.33 by $0.01. On average, analysts predict that MedAssets will post $1.37 earnings per share for the current fiscal year. MedAssets, Inc. (NASDAQ:MDAS) net profit margin is 4.10% and weekly performance is -4.80%. On last trading day company shares ended up $22.99. Analysts mean target price for the company is $25.09. MedAssets, Inc. (NASDAQ:MDAS) distance from 50-day simple moving average (SMA50) is -1.78%.