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Veeva Systems Inc. VEEV posted better-than-expected earnings for the first quarter and raised the outlook on Wednesday.
Veeva Systems' fiscal first-quarter results reflect impressive performance by the Subscription services segment, along with the expansion of gross and operating margins.
The cloud-solutions company beats first-quarter earnings forecasts and issues better-than-expected fiscal-year guidance.
Veeva Systems (NYSE: VEEV) stock, a cloud-based software firm, surged 16% in after-hours trading on May 28, following a strong performance in Q1 fiscal year 2026 (Jan. year). The company reported earnings of $1.97 per share on revenue of $759 million, surpassing consensus estimates of $1.74 and $728 million, respectively.
Veeva Systems Inc. (NYSE:VEEV ) Q1 2026 Earnings Conference Call May 28, 2025 5:00 PM ET Company Participants Gunnar Hansen - Director, IR Peter Gassner - CEO Paul Shawah - EVP, Strategy Brian Van Wagener - CFO Conference Call Participants Joe Vruwink - Baird Ken Wong - Oppenheimer Brent Bracelin - Piper Sandler Saket Kalia - Barclays Rishi Jaluria - RBC Capital Markets Brian Peterson - Raymond James Stan Berenshteyn - Wells Fargo Securities Tyler Radke - Citi Craig Hettenbach - Morgan Stanley Jailendra Singh - Truist Securities Jeff Garro - Stephens Andrew DeGasperi - BNP Paribas Exane Gabriela Borges - Goldman Sachs Allan Verkhovski - Scotiabank Steven Valiquette - Mizuho Securities David Larsen - BTIG Faith Brunner - William Blair Operator Ladies and gentlemen, thank you for standing-by. My name is Abby and I will be your conference operator today.
While the top- and bottom-line numbers for Veeva (VEEV) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Veeva Systems (VEEV) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.50 per share a year ago.
Total Revenues of $759.0M, up 17% Year Over Year Subscription Services Revenues of $634.8M, up 19% Year Over Year PLEASANTON, Calif. , May 28, 2025 /PRNewswire/ -- 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, 2025.
VEEV's robust product portfolio and a slew of strategic deals raise optimism about the stock.
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