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Veeva Systems CEO: "It was a great quarter..." CFO: "We delivered results ahead of guidance on all metrics..." $VEEV: +3% AH https://t.co/zSRqzHhgrp
Veeva Systems beats by $0.17, beats on revs; guides Q4 EPS above consensus, revs in-line; guides FY25 EPS above consensus, revs above consensus $veev
$VEEV Earnings: - Total revenues for the third quarter were $699.2 million, up from $616.5 million one year ago, an increase of 13% year over year. Subscription services revenues for the third quarter were $580.9 million, up from $494.9 million one year ago, an increase of 17%… https://t.co/EmSeDKEgut
Veeva Systems reported its fiscal 2025 third-quarter results, exceeding analyst expectations. The company achieved total revenues of $699.2 million, a 13% year-over-year increase from $616.5 million. Subscription services revenues rose 17% to $580.9 million from $494.9 million in the prior year. Earnings per share (EPS) surpassed estimates by $0.17, and the company provided guidance for Q4 EPS above consensus and fiscal year 2025 revenues and EPS above consensus expectations. Following the announcement, Veeva's stock rose 3% in after-hours trading. The CEO described the quarter as "great," while the CFO highlighted that results were ahead of guidance on all metrics.
