Because VEEV is profitable it becomes an easy target for pundits and nay-sayers. There are numerous cloud focused companies that are loosing money that trade at far higher multiples of revenues that VEEV. This co has real growth and real earnings.
The CEO did well and didn't try to put a sugar coating and he was not apologetic. VEEV is has a great business with tremendous growth. This stock should be double what it is. Even though the CEO knows he has a great company and a very undervalued stock, he knows the market will soon realize that.