PLEASANTON, Calif. (AP) _ Veeva Systems Inc. (VEEV) on Wednesday reported fiscal fourth-quarter profit of $97.1 million.

The Pleasanton, California-based company said it had profit of 60 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.

The provider of cloud-based software services for the life sciences industry posted revenue of $485.5 million in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $480 million.

For the year, the company reported profit of $427.4 million, or $2.63 per share. Revenue was reported as $1.85 billion.

For the current quarter ending in May, Veeva expects its per-share earnings to range from 91 cents to 92 cents.

The company said it expects revenue in the range of $494 million to $496 million for the fiscal first quarter.

Veeva expects full-year earnings to be $4.02 per share, with revenue ranging from $2.16 billion to $2.17 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VEEV at https://www.zacks.com/ap/VEEV

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