8-K
filed February 29, 2024, 6:59 PM ET
ticker VEEV
CIK 0001393052
earnings
confidence high
sentiment positive
materiality 0.75
Veeva Q4 revenue $630.6M (+12% YoY); non-GAAP EPS $1.38 beats prior $1.15
VEEVA SYSTEMS INC
2024-FY EPS reported
$3.22
revenue$2,363,673,000
- Q4 total revenue $630.6M (+12% YoY); FY2024 revenue $2,363.7M (+10% YoY).
- Subscription services revenue Q4 $521.5M (+13% YoY).
- Non-GAAP operating income Q4 $239.1M (+14% YoY); non-GAAP EPS $1.38 (vs $1.15).
- GAAP net income Q4 $147.4M (-22% YoY), impacted by customer contracting change on TFC rights.
- CEO highlights Veeva Compass Suite, Clinical Platform, and Commercial Cloud progress.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
VEEVA SYSTEMS INC reported Q4 ended January 31, 2024 results: revenue $630.6M, net income $147.4M, EPS $0.90.
- Period
- Q4 ended January 31, 2024
- Revenue
- $630.6M
- Net income
- $147.4M
- EPS
- $0.90
- Result
- reported results
Exact text from the filing
--- FOR IMMEDIATE RELEASE Veeva Announces Fourth Quarter and Fiscal Year 2024 Results Fiscal Year 2024 Total Revenues of $2,363.7M, up 10% Year Over Year; Q4 Total Revenues of $630.6M, up 12% Year Over Year Fiscal Year 2024 Subscription Services Revenues of $1,901.6M, up 10% Year Over Year; Q4 Subscription Services Revenues of $521.5M, up 13% Year Over Year
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
VEEVA SYSTEMS INC reported Fiscal year ended January 31, 2024 results: revenue $2,363.7M.
- Period
- Fiscal year ended January 31, 2024
- Revenue
- $2,363.7M
- Result
- reported results
Exact text from the filing
Fiscal Year 2024 Total Revenues of $2,363.7M, up 10% Year Over Year
View on SEC.gov
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