Doximity on the New York Stock Exchange for their IPO, June 24, 2021.
Source: Nyse
Stocks Doxity Thursday after the company reported 21% Third quarter Fiscal 2025 results that beat the expectations of analysts for revenue and offered pink leadership.
Here’s how the company did:
- Earnings per share: 37 cents. This may not be compared to the 34 cents that LSEG expects.
- Income: $ 168.6 million compared to $ 152.8 million expecting LSEG.
Doximity is a digital platform for medical experts that help clinics stay on medical news, manage paperwork, find recommendations and perform patients. The company primarily generates revenue through its telehes tools, employment of solutions and marketing offers for clients such as pharmaceutical companies.
The Doximity revenue increased by 25% in its third quarter with $ 135.3 million over the same period last year, according to Liberation.
For his fiscal fourth quarter, Doximity said he would expect to report a revenue between $ 132.5 and $ 133.5 million, compared to estimates of analysts in the amount of $ 123.8 million.
The company also raised guidelines for its full fiscal year, and said it was expecting revenue to report between $ 564.6 million and $ 565.6 million, which is more than the range that has shared the company The last quarterwhen $ 535 million to $ 540 million was expected. Analysts expected $ 540 million for a year.
“We are proud to deliver another quarter engagement quarter in Q3, with over 610,000 unique providers who use our clinical work tools,” Director of Doximity Jeff Tanney said in a statement. “Our ALI tools have become the fastest in the last quarter, which is 60% compared to the previous quarter, while our Newsfeed has surpassed more than one million unique service providers.”
The company reported a net income of $ 75.2 million, or 37 cents per share, during its third quarter, compared to $ 48.0 million, or 24 cents per share, a year before. Doximity custom EBITDA was $ 102.0 million, which is more than 39% compared to the year.
Doximity was a bright point inside broken digital health The sector, which faced computing because companies had to adapt to a muffled environment. The company’s share price more than doubled in 2024.
