Veeva announced fiscal 2027 first quarter results exceeding guidance
Total revenues were $882.9M, up 16% YoY, and subscription revenues grew 15% to $730.2M. The company also raised its fiscal 2027 guidance.
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Industry cloud for life sciences
veeva.com- Headquarters
- Pleasanton, United States
- Founded year
- 2007
- Company type
- Public company
- Number of employees
- 9,500–10,000
Last updated
Latest news about Veeva Systems (Veeva)
In short: Veeva Systems surpassed revenue expectations for fiscal 2027 and accelerated the rollout of its agentic AI platform, Falcon, for drug development.
Company announcements
Veeva announces Falcon, an agentic platform for drug development
Falcon works with Veeva Development Cloud to reduce costs and speed up processes, focusing on trial master file, regulatory correspondence, and safety case triage.
Merck KGaA selects Veeva Vault CRM worldwide
The agentic CRM provides a commercial foundation for the future, integrating into Merck's data ecosystem.
Veeva announces Teva Pharmaceuticals commits to Vault CRM
Teva will adopt the agentic CRM globally, leveraging AI to enhance commercial execution.
Media coverage
Evercore ISI cuts Veeva Systems stock price target on valuation changes By Investing.com
Evercore ISI cuts Veeva Systems stock price target on valuation changes...
Veeva Surpasses Forecasts and Raises Outlook as AI Strategy Gains Momentum (VEEV)
Veeva Systems Inc Class A (NYSE:VEEV) reported stronger-than-expected first-quarter results and...
Veeva Systems beats estimates on AI progress; shares drop By Investing.com
Veeva Systems Inc Class A (NYSE:VEEV) delivered first-quarter results that exceeded analyst...
Why Veeva Systems (VEEV) stock is up today
What Happened? Shares of life sciences cloud software provider Veeva Systems (NYSE:VEEV) jumped 7.4% in the afternoon session after the company unveiled Falcon, a new...
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