Early customers live and successful across the U.S. and Europe PLEASANTON, Calif., April 1, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that multiple early adopters are live on Vault CRM, which is now the go-forward solution for all new customers. The first migrations for existing Veeva CRM customers to Vault CRM are expected to begin in early 2025, with most anticipated to begin in 2026 and 2027. In specific circumstances, Veeva CRM may be sold to new customers in Asia and Latin America ...

JHVEPhoto Since I presented my ‘Strong Buy’ thesis for Veeva Systems (NYSE:VEEV) in June 2023, their stock price has surged by 21%. I discussed their data analytics and AI capabilities in the healthcare industry. They guide 15.5% revenue growth and 27% adjusted operating income growth for FY25. Veeva clinical platform connects clinical operations and data management, supporting healthcare customers in navigating trial collaborations. I think it is an untapped market and could generate long-term growth f ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________ FORM 10-K ____________________________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the ...

Eight of the top 20 biopharmas standardize on Vault EDC to build a modern clinical data foundation BARCELONA, Spain, March 20, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Veeva Vault EDC powered more than 1,000 study starts. The increased adoption of Vault EDC is enabling companies to establish a foundation for modern electronic data capture (EDC), including eight of the top 20 biopharmas and two of the top six CROs standardizing on Vault EDC. This underscores the ongoing shift to a ...

Investors might want to bet on Veeva Systems (VEEV) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual inves ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Veeva Systems (VEEV) .Veeva currently has an average brokerage recommendation (ABR) of 1.80, on ...

Veeva Systems, Inc. (VEEV) reported adjusted earnings per share (EPS) of $1.38 for the fourth quarter of fiscal 2024, which increased 20% from the year-ago EPS of $1.15. Adjusted EPS surpassed the Zacks Consensus Estimate by 6.2%.GAAP EPS in the fiscal fourth quarter was 90 cents, down 22.4% from the year-ago period’s $1.16.Full-year fiscal 2024 adjusted EPS was $4.84, up 13.1% compared with that at the end of the comparable fiscal 2023 period. The figure topped the Zacks Consensus Estimate by 1.7%.Revenues ...

Paul Shawah Saket Kalia Operator Thanks. Brent Bowman Stan Berenshteyn Now that's a lot of good detail. Thank you very much. I'll leave it there. Very helpful. Thanks, guys. Kenneth Wong Yes. Overall, Brian, continuing to our current capital allocation strategy, no change. We run a profitable business. We generate a lot of cash. So we are focused on M&A as a use of that cash. And we are a disciplined company, and we'll take a disciplined approach to how we look at M&A. We do consider other uses of cash as a ...

For the quarter ended January 2024, Veeva Systems (VEEV) reported revenue of $630.62 million, up 11.9% over the same period last year. EPS came in at $1.38, compared to $1.15 in the year-ago quarter. The reported revenue represents a surprise of +1.59% over the Zacks Consensus Estimate of $620.75 million. With the consensus EPS estimate being $1.30, the EPS surprise was +6.15%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

Veeva Systems (VEEV) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.15%. A quarter ago, it was expected that this provider of cloud-based software services for the life sciences industry would post earnings of $1.28 per share when it actually produced earnings of $1.34, delivering ...