Veeva Systems Q4 Earnings Highlights: Revenue Beat, EPS Beat, Guidance Impresses Investors

Group 1 - Veeva Systems Inc reported fourth-quarter revenue of $720.9 million, a 14% increase year-over-year, surpassing the consensus estimate of$ 699.11 million [1] - Subscription Services revenue for the fourth quarter was $608.6 million, reflecting a 17% year-over-year growth [1] - The company achieved earnings per share of$ 1.74 for the quarter, exceeding the Street estimate of $1.58 [2] Group 2 - For the full fiscal year, Veeva's revenue totaled$ 2.75 billion, up 16% year-over-year, with Subscription Services revenue reaching $2.29 billion, a 20% increase [2] - Veeva ended the year with 1,477 customers, including 1,125 in Veeva R&D Solutions and 730 in Veeva Commercial Solutions [3] - The company launched the Vault CRM Suite in December, which is positioned as the most advanced CRM for life sciences, with AI integration expected later this year [3] Group 3 - Guidance for the first quarter includes revenue expectations between$ 726 million and $729 million, with earnings per share projected at$ 1.74 to $1.75 [5] - For the full fiscal year, Veeva is guiding for revenue between$ 3.04 billion and $3.055 billion, with earnings per share expected to be$ 7.32 [5] - Veeva stock increased by 6.92% to $258.93 in after-hours trading, within a 52-week trading range of$ 170.25 to $258.93 [6]