August 23, 2018
Veeva Announces Fiscal 2019 Second Quarter Results
Total Revenues of $209.6M, up 25% Year-over-year Subscription Services Revenues of $169.6M, 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 second quarter ended July 31, 2018. All results, including prior periods, and guidance reflect the new revenue recognition standard ASC 606. “I am very proud of the Veeva team. We once again delivered an outstanding quarter,” said CEO Peter Gassner. “We are realizing our vision to become the most strategic partner to the life sciences industry by delivering innovative products in the areas of greatest impact. By continuing to focus on customer success, exceptional execution, and product excellence, I’m confident we can achieve our goal of becoming a multi-billion dollar company over time.” Fiscal 2019 Second Quarter Results: Revenues: Total revenues for the second quarter were $209.6 million, up from...
May 30, 2018
New Veeva Vault Training Provides Life Sciences a Modern Cloud Application for Effective Role-based Training
Veeva offers quality suite that unifies quality processes, document control, and training to streamline quality management and audit-readiness Veeva Systems (NYSE:VEEV) today announced Veeva Vault Training, a new cloud application to simplify role-based training across life sciences organizations and help quality teams remain audit-ready and compliant. Together with Veeva Vault QMS and Veeva Vault QualityDocs, Veeva will deliver a unified suite of quality applications on a single cloud platform that brings together training with quality processes and document control for seamless, end-to-end quality management. “It’s time-consuming to manage and verify that the right people are trained,” said Beth Clarke , IT R&D global business partner at Halozyme. “Bringing quality management and training together would make it easier for individuals to stay current with the latest procedures and documents as they change.” Quality teams are limited by manual training processes and fragmented...
May 24, 2018
Veeva Announces Fiscal 2019 First Quarter Results
Total Revenues of $195.5M, up 22% Year-over-year Subscription Services Revenues of $156.0M, up 21% 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 first quarter ended April 30, 2018 . All results, including prior periods, and guidance reflect the new revenue recognition standard ASC 606. “A strong focus on customer success and cloud innovation is fueling Veeva’s momentum and helping to advance the industry,” said CEO Peter Gassner. “Our entry into the data warehouse market with Veeva Nitro is a major expansion of our industry cloud for life sciences. It gives customers a modern cloud alternative to custom commercial data warehouses and delivers the foundation they need for advanced analytics and AI.” Fiscal 2019 First Quarter Results: Revenues: Total revenues for the first quarter were $195.5 million, up from $159.8 million one year ago, an increase of 22%...