Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


June 03, 2015 10:02 AM ET

Health Care Technology

Company Overview of Veeva Systems Inc.

Company Overview

Veeva Systems Inc. provides cloud-based software solutions for the life sciences industry in North America, Europe, the Asia Pacific, and Latin America. Its solutions include Veeva CRM, a customer relationship management solution that allows pharmaceutical and biotechnology companies to market and sell compliantly to physicians, other healthcare professionals, and healthcare organizations through multiple touch points, including face-to-face, email, and online; and Veeva Vault, a cloud-based content management and collaboration solution for its customers to manage content-centric processes in various departments within a life sciences company, including clinical trials, regulatory submission...

4637 Chabot Drive

Suite 210

Pleasanton, CA 94588

United States

Founded in 2007

951 Employees

Phone:

925-452-6500

Fax:

925-452-6504

Key Executives for Veeva Systems Inc.

Co-Founder, Chief Executive Officer and Director
Age: 49
Total Annual Compensation: $275.0K
Co-Founder and President
Age: 42
Total Annual Compensation: $275.0K
Chief Financial Officer
Age: 47
Total Annual Compensation: $275.0K
Vice President, General Counsel and Corporate Secretary
Age: 42
Total Annual Compensation: $272.9K
Compensation as of Fiscal Year 2015.

Veeva Systems Inc. Key Developments

Sobi Selects Veeva Systems' Veeva Commercial Cloud to Support its Global Commercial Organisation Across Sales, Marketing and Medical

Sobi has selected Veeva Systems' Veeva Commercial Cloud to support its global commercial organisation across sales, marketing, and medical. A complete solution, Veeva Commercial Cloud brings together customer data, multichannel interactions, and compliant content to provide a comprehensive view of customers for more efficient and effective commercial execution. Veeva Commercial Cloud includes Veeva CRM to orchestrate customer engagement across channels, Veeva Vault PromoMats for promotional materials management, Veeva Network customer master data management software, and Veeva OpenData for customer data. It all works in concert to enable timely, compliant, and personalised customer interactions. Sobi is leveraging Veeva OpenData, the newest addition to Veeva Commercial Cloud, in the UK and France.

Veeva Systems Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 30, 2015; Provides Earnings Guidance for the Second Quarter Ending July 31, 2015 and Full Year Ending January 31, 2016

Veeva Systems Inc. reported unaudited consolidated earnings results for the first quarter ended April 30, 2015. Total revenues for the first quarter were $89.9 million, up from $66.7 million one year ago, an increase of 35% year-over-year. Operating income was $20.9 million, compared to $12.6 million one year ago, an increase of 67% year-over-year. Non-GAAP operating income for the first quarter was $26.3 million, compared to $16.2 million one year ago, an increase of 62% year-over-year. Net income was $13.0 million, compared to $7.2 million one year ago, an increase of 80% year-over-year. Non-GAAP net income for the first quarter was $17.1 million, compared to $10.4 million one year ago, an increase of 65% year-over-year. Fully diluted net income per share was $0.09, compared to $0.05 one year ago, and while non-GAAP fully diluted net income per share was $0.12, compared to $0.07 one year ago. Income before income tax was $21.68 million against $12.52 million a year ago. Net cash provided by operating activities was $41.79 million against $18.13 million a year ago. Purchases of property and equipment were $4.71 million against $0.299 million a year ago. Revenue was impacted by approximately $1.6 million, due to change in FX from the same period last year, consistent with its prior expectations. The company is providing guidance for its fiscal second quarter ending July 31, 2015 as follows total revenues between $95 and $96 million. Non-GAAP operating income is expected to be between $26.5 million and $27.5 million. Non-GAAP fully diluted net income per share of $0.11. The company is updating guidance for its fiscal year ending January 31, 2016: Total revenues to be between $393 and $397 million. Non-GAAP operating income is expected to be between $107 and $111 million. Non-GAAP fully diluted net income per share between $0.45 and $0.46.

Veeva Systems Inc. to Report Q1, 2016 Results on May 28, 2015

Veeva Systems Inc. announced that they will report Q1, 2016 results at 4:30 PM, US Eastern Standard Time on May 28, 2015

Similar Private Companies By Industry

Company Name Region
Homeward Health, LLC United States
Inbox Health Corp. United States
EXUSMED, Inc. United States
mediStreams, Inc. United States
Sterile Air United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 3, 2015
Qforma Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Veeva Systems Inc., please visit www.veeva.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.