Veeva Systems (VEEV) Misses Q1 EPS by 1c; Guides FY16 EPS Above Consensus

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Veeva Announces Fiscal 2016 First Quarter Results

May 28, 2015 4:03 PM EDT

Total Revenues of $89.9M, up 35% Year-over-year; Subscription Services Revenue of $68.9M, up 42% Year-over-year

PLEASANTON, Calif.--(BUSINESS WIRE)-- Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for life sciences, today announced results for its fiscal first quarter ended April 30, 2015.

We are well-positioned as one of the top software vendors to the life sciences industry. In the first quarter, we signed major new customers and expanded relationships with existing customers, said CEO Peter Gassner. The industry is looking to Veeva to provide an... More