Q3 2020 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$281M+25.0% YoY

Gross Profit

$208M73.9% margin

Operating Income

$81M28.8% margin

Net Income

$82M29.3% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$61M

Stock-Based Comp.

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$342M

Stockholders' Equity

$1.6B

Cash & Equivalents

$893M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$281M	$225M	+25.0%
Gross Profit	$208M	$163M	+27.1%
Operating Income	$81M	$63M	+28.1%
Net Income	$82M	$64M	+28.3%

Revenue Segments

Subscription Services Veeva Commercial Cloud

$115M41%

Subscription Services Veeva Research And Development

$112M40%

Professional Services Veeva Research And Development

$36M13%

Professional Services Veeva Commercial Cloud

$19M7%

Geographic Segments

North America

$153M54%

Europe

$80M28%

Asia Pacific

$39M14%

Middle East, Africa, And Latin America

$9M3%