financetom
Business
financetom
/
Business
/
Veeva Systems Fiscal Q1 Earnings, Revenue Rise; Sets Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Veeva Systems Fiscal Q1 Earnings, Revenue Rise; Sets Guidance
May 28, 2025 2:09 PM

04:40 PM EDT, 05/28/2025 (MT Newswires) -- Veeva Systems ( VEEV ) reported fiscal Q1 non-GAAP earnings late Wednesday of $1.97 per diluted share, up from $1.50 a year earlier.

Analysts polled by FactSet expected $1.74.

Revenue for the quarter ended April 30 was $759.0 million, up from $650.4 million a year earlier.

Analysts surveyed by FactSet expected $728.4 million.

The company set fiscal Q2 adjusted EPS guidance of $1.89 to $1.90 on revenue of $766 million to $769 million. Analysts expected EPS of $1.79 on revenue of $750.8 million.

The company lifted its full-year adjusted EPS guidance to about $7.63 on revenue of $3.09 billion to $3.10 billion from an EPS of $7.32 on revenue of $3.04 billion to $3.06 billion previously.

Analysts expected EPS of $7.31 on revenue of $3.05 billion.

Shares were up over 15% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GE Aerospace to invest over $650 mln in factories, supply chain in 2024
GE Aerospace to invest over $650 mln in factories, supply chain in 2024
Mar 12, 2024
March 12 (Reuters) - GE Aerospace said on Tuesday it planned to invest over $650 million into its manufacturing plants and supply chain this year to boost its production capacity to support demand from commercial and defense clients. The company will invest nearly $450 million in 22 GE Aerospace facilities across 14 states in the United States and $100 million...
GE Aerospace to invest over $650 million in factories, supply chain in 2024
GE Aerospace to invest over $650 million in factories, supply chain in 2024
Mar 12, 2024
(Reuters) - GE Aerospace said on Tuesday it planned to invest over $650 million into its manufacturing plants and supply chain this year to boost its production capacity to support demand from commercial and defense clients. The company will invest nearly $450 million in 22 GE Aerospace facilities across 14 states in the United States and $100 million in some...
Market Chatter: Repay Exploring Potential Deal
Market Chatter: Repay Exploring Potential Deal
Mar 12, 2024
10:40 AM EDT, 03/12/2024 (MT Newswires) -- Repay Holdings ( RPAY ) has hired an adviser and approached private equity firms about a potential sale, Fortune reported Tuesday, citing four unnamed banking sources. The payments company could sell the whole or parts of itself, according to the report. Repay did not immediately respond to a request for comment from MT...
CNX Resources Cuts 2024 Natural Gas Output Guidance, Delays Production Activities Amid Oversupply
CNX Resources Cuts 2024 Natural Gas Output Guidance, Delays Production Activities Amid Oversupply
Mar 12, 2024
10:38 AM EDT, 03/12/2024 (MT Newswires) -- CNX Resources ( CNX ) said Tuesday it expects its output this year to be lower than previously estimated as an oversupplied natural gas market has prompted it to delay completion activities on three Marcellus Shale pads consisting of 11 wells. The company said it now expects to produce between 540 and 560...
Copyright 2023-2025 - www.financetom.com All Rights Reserved