Veeva Systems Inc Q2 FY2024 Earnings Call

Veeva Systems Inc (VEEV)

Earnings Call FY2024 Q2 Call date: 2023-08-30 Concluded

Quarter scorecard

Revenue

$590.23M

+10.5% YoY

Diluted EPS

$0.68

+21.4% YoY

Gross margin

71.4%

-0.2 pp YoY

Net income

$111.63M

+23.2% YoY

Subscription Services Veeva Commercial Cloud $243.43M

+3%

Subscription Services Veeva Research and Development $227.21M

+18.2%

Professional Services Veeva Research and Development $72.27M

+18.2%

Professional Services Veeva Commercial Cloud $47.32M

+6.5%