TimesSquare Capital Management released its “U.S. Focus Growth Strategy” second-quarter 2025 investor letter, noting double-digit equity returns as global economic activity expanded. Growth indexes outperformed value counterparts, with global risk factors like Beta, Momentum, and Residual Volatility being rewarded. The strategy returned 11.79% (gross) and 11.56% (net) compared to the Russell Midcap Growth Index.

In its second-quarter 2025 investor letter, TimesSquare Capital highlighted Veeva Systems Inc. (NYSE:VEEV), a cloud-based software provider for the life sciences industry. Veeva Systems Inc. (NYSE:VEEV) saw a one-month return of -0.14% and gained 24.85% over the last 52 weeks. On September 10, 2025, Veeva Systems Inc. (NYSE:VEEV) stock closed at $274.60 per share.

TimesSquare Capital U.S. Focus Growth Strategy reported a 24% boost from Veeva Systems Inc. (NYSE:VEEV) in its second quarter 2025 investor letter. Veeva surpassed revenue and earnings expectations, with accelerated commercial subscription revenue growth driven by its Crossix platform. The company also announced new AI-embedded features for its Vault suite of CRM applications.

Veeva Systems Inc. (NYSE:VEEV) was held by 61 hedge fund portfolios at the end of the second quarter, up from 55 in the previous quarter. The company reported strong results in the quarter, with total revenue reaching $789 million. While Veeva shows investment potential, certain AI stocks may offer greater upside with less downside risk.

Read more at Yahoo Finance: Veeva Systems (VEEV) Rose as Its Revenues and Earnings Bested Expectations