Veeva Systems Inc Class ABeats Q2 estimates and raises full-year guidance

Veeva Systems reported fiscal second-quarter non-GAAP earnings per share of $2.35, beating analyst estimates by $0.13, and revenue of $928 million, up 17.6% year over year and $22.74 million above consensus. Subscription revenues rose 16% to $766.8 million. For the fiscal third quarter ending October 31, 2026, the company guides total revenues between $932 and $935 million, above the $917.85 million consensus, and non-GAAP EPS between $2.33 and $2.34, versus the $2.28 consensus. For the full fiscal year ending January 31, 2027, Veeva now expects total revenues between $3,682 and $3,687 million, above the $3.65 billion consensus, and non-GAAP EPS of approximately $9.21, versus the $9.06 consensus.
Veeva Systems Inc Class ABeats Q2 estimates and raises full-year guidance