Veeva Systems shares have gained about 7.9% since its last earnings report, outperforming the S&P 500. The company reported adjusted earnings per share of $2.24 for the first quarter of fiscal 2027, up 13.7% year over year and beating the Zacks Consensus Estimate by 5.2%. Total revenues reached $882.9 million, a 16.3% increase, driven by subscription services revenue of $730.2 million and professional services revenue of $152.8 million. For the fiscal second quarter, Veeva expects total revenues between $902 million and $905 million, with adjusted earnings per share of $2.21 to $2.22. Full-year fiscal 2027 revenue guidance was raised to between $3,635 million and $3,645 million, and adjusted earnings per share is expected to be approximately $9.05.
Veeva Systems Inc Class AReported earnings beat and raised full-year revenue guidance.