Veeva Systems Inc
- Veeva Systems Inc. fell 4.3% to $281.03 despite the provider of cloud-based software solutions for the life sciences industry reporting a 17% increase in net income in the fiscal second quarter ending on July 31.
Consolidated revenue inched higher to $789 million from $676.2 million, net income climbed to $200 million from $171 million, and diluted earnings per share soared to $1.19 from $1.04 a year ago.
The company guided third-quarter revenue to be between $790 million and $793 million, adjusted operating income between $348 million and $350 million, and adjusted diluted earnings per share between $1.94 and $1.95.
Veeva’s full-year guidance is total revenue between $3.13 billion and $3.14 billion, non-GAAP operating income expected to be $1.388 billion, and non-GAAP diluted earnings per share expected to be $7.78.
Veeva is rapidly progressing with industry-specific AI, with initial AI agents launching in December and broader rollouts through 2027.
Aug 28, 2025
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