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VEEV Q2 Earnings Call Highlights: Resolution of IQVIA Lawsuit, AI Development, and Strong Financial Performance
ByAinvest
Sunday, Aug 31, 2025 11:45 pm ET1min read
Veeva Systems Inc. reported Q2 revenue of $789 million, exceeding guidance, and non-operating income of $353 million. The company resolved its IQVIA lawsuit, opens up collaboration opportunities, and is making strides in AI development with Veeva AI. R&D subscriptions and services grew substantially, driven by broad-based execution and a stable environment. However, the company faced challenges with Compass Prescriber adoption and flat quarter-over-quarter growth in Commercial Cloud subscriptions. Despite these challenges, the overall outlook remains optimistic due to positive developments and future potential.
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