Leerink Partners Cuts Price Target on Veeva Systems (VEEV) Following EPS Beat

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Veeva Announces Fiscal 2016 Second Quarter Results

August 27, 2015 4:03 PM EDT

Total Revenues of $98.1M, up 30% Year-over-year;

Subscription Services Revenue of $75.3M, up 33% 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 second quarter ended July 31, 2015.

Our consistent execution and focus on customer success is driving strong growth, said CEO Peter Gassner. The life sciences industrys transition to the cloud is gaining momentum and extending across a broader range of business functions. We believe our expanding industry cloud solutions portfolio positions us well for the large... More