Veeva Systems Inc.

Veeva Systems Inc. exceeded Wall Street’s revenue and earnings expectations. Notably, total revenue reached an impressive $617 million, accompanied by a non-GAAP operating income of $235 million. The company achieved significant milestones and launched exciting new products, marking progress in the development of Veeva’s Industry Cloud for life sciences. In the prepared remarks, emphasis was placed on the expansion of their Industry Cloud, featuring a growing array of high-value applications, data, and services in both R&D and commercial domains. This expansion positions Veeva to contribute to the increased efficiency and effectiveness of the life sciences industry across a broader spectrum. Recognizing the substantial opportunities, Veeva’s team remains committed to fostering product excellence and ensuring customer success.