Veeva Q3 revenue $476.1M (+26% YoY); GAAP EPS $0.65, non-GAAP $0.97; guidance exceeded.

VEEVA SYSTEMS INC

2022-Q3 EPS reported $2.03 revenue$1,365,278,000

Total revenues $476.1M (+26% YoY); subscription services $380.7M (+26% YoY).
GAAP operating income $132.7M (+31% YoY); non-GAAP operating income $199.4M (+28% YoY).
GAAP net income $105.9M (+9% YoY); non-GAAP net income $158.2M (+26% YoY); GAAP diluted EPS $0.65, non-GAAP $0.97.
CFO Brent Bowman said results exceeded guidance; company investing aggressively for growth.
Veeva Data Cloud added new portal and patient data early adopters; Vault RIM saw major milestone.

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