Veeva Systems Inc Q2 FY2025 Earnings Call

Veeva Systems Inc (VEEV)

Earnings Call FY2025 Q2 Call date: 2024-08-28 Concluded

Quarter scorecard

Revenue

$676.18M

+14.6% YoY

Diluted EPS

$1.04

+52.9% YoY

Gross margin

74.8%

+3.4 pp YoY

Net income

$171.04M

+53.2% YoY

Subscription Services Veeva Research and Development $289.47M

+27.4%

Subscription Services Veeva Commercial Cloud $271.81M

+11.7%

Professional Services Veeva Research and Development $69.84M

-3.4%

Professional Services Veeva Commercial Cloud $45.07M

-4.8%