August 27, 2019
Veeva Announces Fiscal 2020 Second Quarter Results
Total Revenues of $266.9M, up 27% Year-over-year; Subscription Services Revenues of $217.3M, up 28% 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, 2019. “Veeva passed the billion-dollar annual revenue run rate milestone this quarter with a strong runway of growth ahead,” said CEO Peter Gassner. “I am incredibly proud of the team for the customer success focus, execution, and innovation that enabled us to achieve this goal a year and a half ahead of the target we laid out in 2015.” Fiscal 2020 Second Quarter Results: Revenues: Total revenues for the second quarter were $266.9 million, up from $209.6 million one year ago, an increase of 27% year-over-year. Subscription services revenues for the second quarter were $217.3 million, up from $169.6 million one year ago, an increase of 28% year-over-year. Operating Income and Non-GAAP...
May 29, 2019
Veeva Announces Fiscal 2020 First Quarter Results
Total Revenues of $244.8M, up 25% Year-over-year;
Subscription Services Revenues of $198.1M, up 27% 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, 2019. “It was a great start to the year. The team’s focus on customer success and product excellence continues to drive Veeva’s outstanding results,” said CEO Peter Gassner. “We are expanding our position as one of the most trusted partners to the industry by consistently bringing new innovations to market that have the greatest customer impact.” Fiscal 2020 First Quarter Results: Revenues : Total revenues for the first quarter were $244.8 million, up from $195.5 million one year ago, an increase of 25% year-over-year. Subscription services revenues for the first quarter were $198.1 million, up from $156.0 million one year ago, an increase of 27% year-over-year. Operating...
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....