August 28, 2024
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 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 ahead," said CEO Peter Gassner. "Thanks to the team's focus on product excellence and customer success, we also had some very strategic wins that can pave the way for future opportunities." Fiscal 2025 Second Quarter Results: Revenues (1) : Total revenues for the second quarter were $676.2 million, up from $590.2 million one year ago, an increase of 15% year over year. Subscription services revenues for the second quarter were $561.3 million, up from $470.6 million one year ago, an increase of 19% year over year.
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May 30, 2024
Veeva Announces Fiscal 2025 First Quarter Results
Total Revenues of $650.3M, up 24% Year Over Year; Subscription Services Revenues of $534.0M, up 29% Year Over Year Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced results for its first quarter ended April 30, 2024. "Thanks to our customers and the Veeva team we had an excellent start to the year," said CEO Peter Gassner. "We made major progress in Development Cloud, Commercial Cloud, and Data Cloud." Fiscal 2025 First Quarter Results: Revenues (1) : Total revenues for the first quarter were $650.3 million, up from $526.3 million one year ago, an increase of 24% year over year. Subscription services revenues for the first quarter were $534.0 million, up from $414.5 million one year ago, an increase of 29% year over year. Operating Income and Non-GAAP Operating Income (1)(2) : First quarter operating income was $155.2 million, compared to $61.5 million one year ago, an increase of 152% year over year....
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