Sat Nov 22 08:20:00 UTC 2025: Okay, here’s a summarized news article based on the provided text:

Summary:

Veeva Systems reported strong Q3 fiscal 2026 results, exceeding analyst expectations for both earnings and revenue. Key drivers included robust growth in their Subscription Services segment and positive momentum in both established and newer solutions, including the Development Cloud. The company raised its full-year fiscal 2026 guidance for revenue and adjusted EPS. While the earnings were good the stock still fell after market.

News Article:

Veeva Systems Soars Past Expectations in Q3, Raises Full-Year Outlook

PLEASANTON, CA – December 6, 2024 – Veeva Systems (VEEV) announced impressive third-quarter fiscal 2026 results, beating analyst estimates and prompting an upward revision of its full-year financial guidance.

The cloud-based software provider for the life sciences industry reported adjusted earnings per share (EPS) of $2.04, a 16.6% increase year-over-year, surpassing the Zacks Consensus Estimate of $1.95. Revenue also exceeded expectations, reaching $811.2 million, up 16% from the same period last year, driven by a 17.5% jump in subscription services revenue to $682.5 million. While the earnings were great the stock still fell after market trading.

“We saw meaningful momentum during the fiscal third quarter as Veeva AI hit several important milestones” said management.

The company’s strong performance was attributed to increased adoption of its established and newer solutions, particularly within its Subscription Services segment. Veeva’s Development Cloud also continues to gain traction with top pharmaceutical companies. Vault CRM added 23 new customers, bringing the total number of live customers to 115. A major highlight was a large rollout for a top-20 biopharma company in Japan, which showcased the platform’s ability to support complex, multinational deployments.

Looking ahead, Veeva expects fourth-quarter revenue between $807 million and $810 million and adjusted EPS of approximately $1.92. The company now projects full-year fiscal 2026 revenue between $3.166 billion and $3.169 billion, and adjusted EPS of $7.93, both figures above previous guidance.

While Veeva’s financial performance is strong, the stock ended up losing 6.1% in yesterday’s after-market trading.

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