
Veeva Systems, Inc. (NYSE: VEEV) reported its second-quarter earnings, revealing total revenues of $676.18 million, marking a 14.56% increase year-over-year and surpassing analyst expectations by $7.79 million. The company's earnings per share (EPS) stood at $1.62, reflecting a 33.88% year-over-year growth and exceeding estimates by $0.10. Subscription services revenues contributed significantly, reaching $561.3 million, a 19% increase from the previous year. Following the earnings release, Veeva's stock rose by approximately 5% in after-hours trading. The CEO highlighted strong execution and product advancements that position the company favorably for future growth in the industry cloud sector.
Veeva Systems $VEEV has released its quarterly earnings. Revenue of $676.18M (+14.56% YoY) beats by $7.79M. EPS of $1.62 (+33.88% YoY) beats by $0.10.
Autodesk $ADSK will report today after close. Analysts estimate $1.48B in revenue (+10.04% YoY) and $2.00 in earnings per share (+4.71% YoY).
$VEEV (+4.9% pre) Veeva Systems (NYSE:VEEV) Beats Q2 Sales Targets, Gross Margin Improves - StockStory https://t.co/evQaoDyJGq

