secwatch.observer — SEC 8-K summary
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Issuer:     VEEVA SYSTEMS INC (VEEV)
CIK:        0001393052
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001393052-24-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veeva Q2 FY2025 revenue $676.2M (+15% YoY); GAAP EPS $1.04, Non-GAAP $1.62
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- Total revenues $676.2M, up 15% YoY; subscription revenues $561.3M (+19%).
- GAAP operating income $166.5M (+60%); Non-GAAP operating income $279.8M (+32%).
- GAAP net income $171.0M (+53%); Non-GAAP net income $267.3M (+35%).
- GAAP diluted EPS $1.04 vs $0.68; Non-GAAP diluted EPS $1.62 vs $1.21.
- Launched Vault CRM Service Center; added 14 new Vault CRM customers in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393052/000139305224000058/0001393052-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393052/000139305224000058/veev-20240828.htm
  HTML page:      https://secwatch.observer/filing/0001393052-24-000058

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