February 26, 2019
Veeva Announces Fourth Quarter and Fiscal Year 2019 Results
Fiscal Year 2019 Total Revenues of $862.2M, up 25% Year-over-year;
Q4 Total Revenues of $232.3M, up 25% Year-over-year Fiscal Year 2019 Subscription Services Revenues of $694.5M, up 24% Year-over-year; Q4 Subscription Services Revenues of $190.7M, up 25% 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 fiscal fourth quarter and full year ended January 31, 2019. All results, including prior periods, and guidance reflect the new revenue recognition standard ASC 606. “It was a great finish to another remarkable year,” said CEO Peter Gassner. “Our focus on innovation, customer success, and consistent execution sets the stage for strong organic growth for Veeva over the long-term.” Fiscal 2019 Fourth Quarter Results: Revenues: Total revenues for the fourth quarter were $232.3 million, up from $186.0 million one year ago, an increase of 25% year-over-year....
November 28, 2018
Veeva Announces Fiscal 2019 Third Quarter Results
Total Revenues of $224.7M, up 27% Year-over-year Subscription Services Revenues of $178.2M, up 25% 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 fiscal third quarter ended October 31, 2018. All results, including prior periods, and guidance reflect the new revenue recognition standard ASC 606. “We executed well across all areas of the business, expanding our leadership with Veeva Commercial Cloud and Veeva Vault,” said CEO Peter Gassner. “Our focus on innovation and customer success coupled with our consistent execution sets us up for a great finish to the year and establishes a strong foundation for next year and beyond.” Fiscal 2019 Third Quarter Results: Revenues: Total revenues for the third quarter were $224.7 million, up from $177.0 million one year ago, an increase of 27% year-over-year. Subscription services revenues for the third quarter were...
September 17, 2018
Veeva Reinvents Clinical Data Management With a Single Application to Manage All Trial Data
Veeva Vault CDMS delivers on the industry’s urgent need for complete and concurrent clinical data for faster insights and execution 2018 Veeva R&D Summit - Veeva Systems (NYSE:VEEV) today announced a next-generation cloud application to streamline clinical data management and accelerate study execution. Veeva Vault CDMS eliminates the need for multiple tools with a single clinical data management application that combines coding, EDC, data cleaning, and reporting. Companies can now have one application that allows them to manage study build through execution and gain a complete and concurrent view of all clinical data within a trial. “The industry can finally move away from the complex patchwork of systems and integrations that limit the ability to leverage the range of clinical data available throughout the course of a trial,” said Henry Levy, general manager of Veeva Vault CDMS. “Veeva Vault CDMS will provide the key capabilities companies need to bring together all their...