Veeva(VEEV)

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Veeva(VEEV) - 2025 Q3 - Earnings Call Presentation
2024-12-05 23:23
W Q3'25 Quarterly Results December 5, 2024 Safe Harbor and Other Information This presentation and associated commentary contain forward-looking statements regarding Veeva's expected future performance and, in particular, includes guidance, provided as of December 5, 2024, about Veeva's expected future financial results. Estimating guidance accurately for future periods is difficult. It involves assumptions and internal estimates that may prove to be incorrect and is based on plans that may change. Hence, t ...
Veeva(VEEV) - 2025 Q3 - Quarterly Results
2024-12-05 21:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________________________________________ _____________________________________________________________________________ _____________________________________________________________________________ FORM 8-K _____________________________________________________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest ...
Veeva Announces Fiscal 2025 Third Quarter Results
Prnewswire· 2024-12-05 21:05
Core Insights - Veeva Systems reported total revenues of $699.2 million for the third quarter of fiscal 2025, representing a 13% increase year over year [3][4] - Subscription services revenues reached $580.9 million, marking a 17% year-over-year growth [3][4] - The company achieved a net income of $185.8 million, a 37% increase compared to the same quarter last year [5][6] Financial Performance - Operating income for the third quarter was $181.4 million, up 41% from $128.5 million a year ago [4] - Non-GAAP operating income was $304.0 million, reflecting a 30% increase from $234.6 million in the prior year [4] - Fully diluted net income per share was $1.13, compared to $0.83 in the same quarter last year [6] Strategic Developments - The company is set to launch the next generation of its CRM, the Vault CRM Suite, which aims to integrate sales, marketing, and medical functions [3][7] - Veeva announced new AI capabilities, including a GenAI assistant and voice control features, expected to be available in late 2025 [8] - The company added over 25 new customers to its Vault Quality Suite, bringing the total to more than 600 customers [9] Guidance and Outlook - For the fiscal fourth quarter ending January 31, 2025, Veeva expects total revenues between $696 million and $699 million [10] - The company anticipates a non-GAAP operating income of approximately $275 million for the same period [11] - For the fiscal year ending January 31, 2025, total revenues are projected to be between $2,722 million and $2,725 million [13]
Insights Into Veeva (VEEV) Q3: Wall Street Projections for Key Metrics
ZACKS· 2024-12-02 19:30
The upcoming report from Veeva Systems (VEEV) is expected to reveal quarterly earnings of $1.58 per share, indicating an increase of 17.9% compared to the year-ago period. Analysts forecast revenues of $684.18 million, representing an increase of 11% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announces its earnings, it ...
Veeva Systems (VEEV) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-11-28 16:01
Veeva Systems (VEEV) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Decembe ...
Veeva Systems (VEEV) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-11-26 23:50
Veeva Systems (VEEV) closed the latest trading day at $226.88, indicating a -0.03% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Meanwhile, the Dow experienced a rise of 0.28%, and the technology-dominated Nasdaq saw an increase of 0.63%.Shares of the provider of cloud-based software services for the life sciences industry have appreciated by 6.99% over the course of the past month, outperforming the Computer and Technology sector' ...
Report Reveals 70% of Medtechs Use Manual Processes for Managing Content and Claims
Prnewswire· 2024-11-21 12:03
Reducing content approvals from more than four weeks and automating claims are key opportunities to drive speed to marketPLEASANTON, Calif., Nov. 21, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced findings from the 2024 Veeva MedTech Commercial Benchmark survey revealing nearly 70% of medtech organizations rely on manual processes and homegrown applications to manage commercial content and claims. Without a purpose-built content management system, medtech commercial teams face go-to-market ...
Veeva Announces New Digital Hazard Analysis and Critical Control Point (HACCP) Solution
Prnewswire· 2024-11-19 12:03
PLEASANTON, Calif., Nov. 19, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced its new cloud-based digital Hazard Analysis and Critical Control Point (HACCP) solution. Delivering HACCP management as part of the Veeva QualityOne Suite will help food and beverage manufacturers streamline food safety and quality processes, improve visibility and control over critical risks, and enable proactive quality management and compliance globally."We are honored to introduce this first-of-its-kind digital ...
Veeva Systems (VEEV) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-11-18 23:50
In the latest market close, Veeva Systems (VEEV) reached $213.68, with a +0.15% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.39% for the day. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.6%.The the stock of provider of cloud-based software services for the life sciences industry has fallen by 3.6% in the past month, lagging the Computer and Technology sector's gain of 0.59% and the S&P 500' ...
Veeva to Release Fiscal 2025 Third Quarter Results on December 5, 2024
Prnewswire· 2024-11-14 21:14
PLEASANTON, Calif., Nov. 14, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) will announce financial results for its third quarter, which ended October 31, 2024, after market close on December 5, 2024. Veeva will host a conference call and webcast that day at 2:00 p.m. PT (5:00 p.m. ET) to discuss its financial results.Veeva will post prepared remarks to its investor relations website at https://ir.veeva.com at approximately 1:05 p.m. PT (4:05 p.m. ET). A webcast replay will be available on the website foll ...