Veeva Shares Decline Following Q3 Earnings Report Despite Revenue Exceeding Expectations
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Benzinga
Updated: Nov 20 2025
Earnings Report: Veeva Systems reported Q3 earnings of $2.04 per share, surpassing the analyst estimate of $1.95, with revenue of $811.2 million exceeding expectations of $792.82 million.
Subscription Growth: Subscription services revenue increased by 17% year-over-year, reaching $682.5 million, up from $580.9 million the previous year.
CEO Statement: CEO Peter Gassner emphasized the company's commitment to innovation through Veeva AI, aiming to enhance productivity and customer focus in the life sciences sector.
Stock Performance: Following the earnings report, VEEV stock fell by 5.64% to $255.25 in extended trading, despite the company raising its Q4 and fiscal year earnings and revenue estimates above analyst expectations.
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
