Veeva Systems (VEEV) reported $676.18 million in revenue for the quarter ended July 2024, representing a year-over-year increase of 14.6%. EPS of $1.62 for the same period compares to $1.21 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $667.21 million, representing a surprise of +1.34%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $1.53. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Veeva Systems (VEEV) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this provider of cloud-based software services for the life sciences industry would post earnings of $1.43 per share when it actually produced earnings of $1.50, delivering ...

W Q2'25 Quarterly Results August 28, 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 August 28, 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, the ...

Total Revenues of $676.2M, up 15% Year Over Year; Subscription Services Revenues of $561.3M, up 19% Year Over Year PLEASANTON, Calif., Aug. 28, 2024 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced results for its second quarter ended July 31, 2024. "It was another quarter of great execution, with major product advances in clinical and CRM that position us well for the industry cloud opportunity we see ahea ...

Exhibit 99.1 Veevo FOR IMMEDIATE RELEASE Veeva Announces Fiscal 2025 Second Quarter Results Total Revenues of $676.2M, up 15% Year Over Year; Subscription Services Revenues of $561.3M, up 19% Year Over Year PLEASANTON, CA - August 28, 2024 - Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced results for its second quarter ended July 31, 2024. "It was another quarter of great execution, with major product advances in clinical ...

0 nb IN REPORTED 1000 F E I i Michael Vi Investment thesis I have mixed feelings about my initial bullish thesis about Veeva Systems (NYSE: VEFV). The stock rallied by solid 11% since December 2023, but the broader market's performance was far better. The company reports its Q2 earnings on August 28, which is always a crucial development. I want to update my thesis in light of the upcoming earnings release and explain why recent developments support my bullishness. VEEV's valuation is also still very attrac ...

Analysts on Wall Street project that Veeva Systems (VEEV) will announce quarterly earnings of $1.53 per share in its forthcoming report, representing an increase of 26.5% year over year. Revenues are projected to reach $667.21 million, increasing 13% from the same quarter last year. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this ...

Veeva Systems (VEEV) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this provider of cloud-based software services for the life sciences industry have returned +9.3%, compared to the Zacks S&P 500 composite's +2.2% change. During this period, the Zacks Internet - Software industry, which Veeva falls in, has gained 7.2%. The key ques ...

Life sciences organizations now manage all quality control data and processes in one solution for greater efficiency and speed PLEASANTON, Calif., Aug. 22, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced increasing momentum for Veeva Vault LIMS, a modern cloud solution that simplifies end-to-end quality control (QC) business processes. Vault LIMS is unified with Veeva Vault Quality, enabling customers to share data and content across quality applications for more informed batch release decis ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? 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 ...