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Veeva Systems Fiscal Q1 Earnings, Revenue Rise; Sets Guidance
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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.

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