Doximity shares soar 25% after company beats on revenue, raises fiscal-year guidance
Shares of Doximity
popped 25% in extended trading on Thursday King88bet Login after the company reported third-quarter fiscal 2025 results that beat analysts' expectations for revenue and offered rosy guidance.
Here's how the company did:
Earnings per sharing: 45 cents adjusted versus. 34 cents expected by LSEG
Revenue: $168.6 million versus. $152.8 million expected by LSEG
Doximity is a digital basis for medical professionals that helps clinicians stay current on medical news, manage paperwork, find referals and carry out telehealth appointments with patients. The company primarily generates revenue through its telehealth tools, hiring solutions and pemasaran offerings for clients such as pharmaceutical companies.
Doximity's revenue increased 25% in its King88bet Slot third quarter from $135.3 million during the same period last year, according to a release.
For its fiscal fourth quarter, Doximity said it expects to report revenue between $132.5 million and $133.5 million, compared with analysts' estimates of $123.8 million.
The company also raised guidance for its full fiscal year, and said it expects to report revenue between $564.6 million and $565.6 million, up from the kisaran the company shared last quarter, when it expected $535 million to $540 million. Analysts were expecting $540 million for the year.
"We're proud to deliver another quarter King88bet Tergacor of record engagement in Q3, with over 610,000 unique providers using our clinical workflow tools," Doximity CEO Jeff Tangney said in a pernyataan. "Our AI tools grew the fastest last quarter, up 60% over the prior quarter, while our newsfeed surpassed more than one million unique providers."
The company reported net penghasilan of $75.2 million, or 37 cents per sharing, during its third quarter, up from $48.0 million, or 24 cents per sharing, a year prior. Doximity's adjusted EBITDA was $102.0 million, up 39% year over year.
Doximity has been a bright spot within the battered digital health sektor, which has faced a reckoning as companies have had to adjust to a more muted growth environment. The company's stok price more than doubled in 2024.