Veeva Systems Inc. (VEEV) witnessed a pre-market surge of 5.81% on Thursday, driven by the company's impressive fourth-quarter results and robust fiscal 2026 guidance.
For the quarter ended January 31, 2025, Veeva Systems reported revenue of $720.9 million, up 14.3% year-over-year, surpassing consensus estimates of $699.1 million. The company's adjusted earnings per share of $1.74 also exceeded analysts' expectations of $1.58, reflecting strong profitability.
Veeva Systems' impressive performance was fueled by robust customer adoption across its product portfolio, including the Veeva Quality Cloud and clinical solutions. The company secured its ninth top 20 biopharma customer for its EDC (Electronic Data Capture) solution, solidifying its position in the clinical data management space.
Looking ahead, Veeva Systems provided an optimistic outlook for fiscal 2026, projecting total revenues between $3.04 billion and $3.055 billion, with an anticipated non-GAAP operating income of approximately $1.3 billion. The company's non-GAAP fully diluted EPS guidance is around $7.32, reflecting its confidence in sustained growth and profitability.
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