Strong Q3 Performance
Veeva Systems Inc. reported total revenue of $811 million and non-GAAP operating income of $365 million, exceeding guidance.
Veeva AI Initiative Progress
Veeva AI is making excellent progress, with significant innovation across product areas like Vault CRM, Crossix, clinical, and safety.
Crossix Growth
Crossix continues to perform well, with strong growth in both measurement and audiences segments, indicating a long runway for continued growth.
Increase in Commercial Subscription Revenues
Commercial subscription revenues have been raised by about $60 million year to date, indicating strong performance in this segment.
Expansion in Quality Cloud
The Quality Cloud opportunity is expanding, driven by new products like batch release and computer systems validation.