secwatch.observer — SEC 8-K summary
======================================

Issuer:     VEEVA SYSTEMS INC (VEEV)
CIK:        0001393052
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0001393052-23-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veeva Q4 revenue up 16% to $563.4M; net income up 94% to $188.5M
----------------------------------------------------------------

- Q4 total revenues $563.4M, up 16% YoY; subscription revenues $460.2M, up 16%.
- Q4 GAAP operating income $108.9M, down 9% YoY; non-GAAP operating income $209.4M, up 12%.
- Q4 GAAP net income $188.5M, up 94% YoY; non-GAAP net income $186.3M, up 27%.
- FY2023 total revenues $2,155.1M, up 16% YoY; subscription revenues $1,733.0M, up 17%.
- FY2023 GAAP operating income $459.1M, down 9% YoY; non-GAAP operating income $830.5M, up 9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393052/000139305223000015/0001393052-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393052/000139305223000015/veev-20230301.htm
  HTML page:      https://secwatch.observer/filing/0001393052-23-000015

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