Veeva Systems Inc Q3 FY2024 Earnings Call

Veeva Systems Inc (VEEV)

Earnings Call FY2024 Q3 Call date: 2023-12-06 Concluded

Quarter scorecard

Revenue

$616.50M

+11.6% YoY

Diluted EPS

$0.83

+23.9% YoY

Gross margin

72.8%

+0.7 pp YoY

Net income

$135.16M

+24.6% YoY

Subscription Services Veeva Commercial Cloud $251.17M

+5%

Subscription Services Veeva Research and Development $243.75M

+20.5%

Professional Services Veeva Research and Development $73.69M

+12.5%

Professional Services Veeva Commercial Cloud $47.90M

+5.8%