secwatch.observer — SEC 8-K summary
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Issuer:     VEEVA SYSTEMS INC (VEEV)
CIK:        0001393052
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001393052-21-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393052/000139305221000037/0001393052-21-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393052/000139305221000037/veev-20211201.htm
  HTML page:      https://secwatch.observer/filing/0001393052-21-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer