share_log

Veeva Systems | 10-Q: Q1 2025 Earnings Report

Veeva Systems | 10-Q: Q1 2025 Earnings Report

Veeva Systems | 10-Q:2025财年一季报
美股SEC公告 ·  2024/06/04 22:20

Moomoo AI 已提取核心信息

Veeva Systems reported robust financial results for Q1 FY2025, with total revenues increasing 24% year-over-year to $650.3 million. Subscription services revenue grew 29% to $534.0 million, primarily driven by R&D Solutions which contributed $272.6 million. Operating income rose to $155.2 million, while net income reached $161.7 million or $0.98 per diluted share.The company demonstrated strong operational execution with cash flow from operations of $763.5 million. Professional services revenue increased 4% to $116.4 million, reflecting continued demand for business consulting services. Gross margin improved to 73% from 68% in the prior year period, indicating enhanced operational efficiency.Looking ahead, Veeva continues to invest in product development and expansion, particularly in its Vault platform. The company announced plans to migrate CRM customers from the Salesforce platform to Vault CRM by 2030, while maintaining strong cash position with $4.8 billion in cash and investments. Management expects revenue growth rates to accelerate in FY2025 compared to FY2024.
Veeva Systems reported robust financial results for Q1 FY2025, with total revenues increasing 24% year-over-year to $650.3 million. Subscription services revenue grew 29% to $534.0 million, primarily driven by R&D Solutions which contributed $272.6 million. Operating income rose to $155.2 million, while net income reached $161.7 million or $0.98 per diluted share.The company demonstrated strong operational execution with cash flow from operations of $763.5 million. Professional services revenue increased 4% to $116.4 million, reflecting continued demand for business consulting services. Gross margin improved to 73% from 68% in the prior year period, indicating enhanced operational efficiency.Looking ahead, Veeva continues to invest in product development and expansion, particularly in its Vault platform. The company announced plans to migrate CRM customers from the Salesforce platform to Vault CRM by 2030, while maintaining strong cash position with $4.8 billion in cash and investments. Management expects revenue growth rates to accelerate in FY2025 compared to FY2024.
全球领先的行业云解决方案提供商之一Veeva Systems发布了截至2024年1月31日的财务业绩报告。该公司的财年总收入达到2.364亿美元,比上年的2.155亿美元增长10%。Veeva业务模型的重要组成部分,订阅服务收入也同比增长了10%,达到1.902亿美元。财年净利润为5260万美元,高于前一年的4,880万美元。Veeva的客户基础扩展到1,432个,商业解决方案和研发解决方案客户均实现了增长。预计该公司的研发解决方案在未来的订阅服务收入和总收入中所占比重将更大。Veeva Systems还强调其扩展到生命科学以外的其他行业,主要在北美和欧洲提供研发解决方案。该公司的财务表现体现了其持续增长和对其专业云软件、数据解决方案和业务咨询服务的日益增长的需求。
全球领先的行业云解决方案提供商之一Veeva Systems发布了截至2024年1月31日的财务业绩报告。该公司的财年总收入达到2.364亿美元,比上年的2.155亿美元增长10%。Veeva业务模型的重要组成部分,订阅服务收入也同比增长了10%,达到1.902亿美元。财年净利润为5260万美元,高于前一年的4,880万美元。Veeva的客户基础扩展到1,432个,商业解决方案和研发解决方案客户均实现了增长。预计该公司的研发解决方案在未来的订阅服务收入和总收入中所占比重将更大。Veeva Systems还强调其扩展到生命科学以外的其他行业,主要在北美和欧洲提供研发解决方案。该公司的财务表现体现了其持续增长和对其专业云软件、数据解决方案和业务咨询服务的日益增长的需求。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息