{"schema_version":"secwatch.filing_event.v1","accession":"0001393052-23-000048","form_type":"8-K","ticker":"VEEV","cik":"0001393052","company_name":"VEEVA SYSTEMS INC","filed_at":"2023-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.769624+00:00","generated_at":"2026-06-11T01:51:28.743320+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Veeva Q2 FY24: Rev $590.2M (+10% YoY), GAAP EPS $0.68, non-GAAP EPS $1.21","bullets":["Total revenues $590.2M, up 10% YoY; subscription services revenues $470.6M, up 10% YoY.","GAAP net income $111.6M ($0.68 diluted EPS); non-GAAP net income $198.0M ($1.21 diluted EPS).","Non-GAAP operating income $211.9M, up 5% YoY; operating margin expanded.","Customer TFC right standardization reduced revenue and profit in Q2; all guided metrics were exceeded.","CEO cites progress in CRM and clinical; CFO highlights strong execution and operating model."],"urls":{"canonical":"https://secwatch.observer/filing/0001393052-23-000048","json":"https://secwatch.observer/filing/0001393052-23-000048.json","markdown":"https://secwatch.observer/filing/0001393052-23-000048.md","text":"https://secwatch.observer/filing/0001393052-23-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393052/000139305223000048/0001393052-23-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393052/000139305223000048/veev-20230830.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:51:28.743320+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"441e323ed0193159df787cf849bb080571b92d37","claim":"VEEVA SYSTEMS INC reported second quarter ended July 31, 2023 results: revenue $590.2 million, net income $111.6 million, EPS $0.68.","evidence_excerpt":"the Veeva team for your continued focus on customer success and product excellence.” Fiscal 2024 Second Quarter Results: • Revenues : Total revenues for the second quarter were $590.2 million, up from $534.2 million one year ago, an increase of 10% year over year. Subscription services revenues for the second quarter were $470.6 million, up from $428.6 million one","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393052/000139305223000048/0001393052-23-000048-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 31, 2023"},{"label":"Revenue","value":"$590.2 million"},{"label":"Net income","value":"$111.6 million"},{"label":"EPS","value":"$0.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}