Veeva Systems Inc Class AVEEV
▲ PositiveCapitalrelevance
Beats Q2 estimates and raises FY27 outlook

Veeva Systems reported adjusted earnings per share of $2.35 for the second quarter of fiscal 2027, up 18.1% year over year and beating the Zacks Consensus Estimate by 5.9%. Revenue rose 17.6% to $928 million, also topping consensus by 2.7%, driven by strength in subscription and professional services. The company raised its fiscal 2027 revenue guidance to between $3.682 billion and $3.687 billion and adjusted EPS to approximately $9.21. Vault CRM ended the quarter with more than 180 customers live, including five top 20 biopharmas, and the company advanced its AI strategy with Veeva Falcon and the acquisition of Copli. Shares surged over 9% in after-market trading following the announcement.
Veeva Systems Inc Class ABeats Q2 estimates and raises FY27 outlook
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