Reported 4 months ago
In its Q1 2025 earnings call, Veeva Systems reported total revenue of $650 million, exceeding guidance despite a reduction in full-year revenue forecasts. The leadership discussed the impact of macroeconomic challenges, deal timing in research and development, and strong progress in their commercial and R&D cloud solutions. They emphasized the importance of customer success and confidence in their product strategies, particularly with new launches like Vault CRM and Compass, while noting continued strong demand despite market headwinds.
Source: YAHOO