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-0.00126661454261143 0.00215011727912421 0.00342845973416724 0.00840500390930409 0.014723742507167 0.0208496221005994 0.0398474589523064 0.0434167318217357
Stock impact report

Doximity shares pop 30% on revenue beat, rosy guidance [CNBC]

Doximity, Inc. Class A (DOCS) 
Company Research Source: CNBC
Analysts called it a “statement type of quarter” for the company. Doximity's adjusted EBITDA was $102.0 million, up 39% year over year. Doximity shares ripped more than 30% higher on Friday, a day after reporting fiscal third-quarter results that beat Wall Street's expectations for revenue and guidance. The company built a digital platform for medical professionals that helps carry out telehealth appointments with patients, find referrals, stay current on medical news and more. Doximity's revenue increased 25% to $168.6 million in its third quarter, up from $135.3 million in the same period last year. For its fiscal fourth quarter, Doximity said it expects to report revenue between $132.5 million and $133.5 million, while analysts were expecting $123.8 million. The company also raised guidance for its full fiscal year and expects to report revenue between $564.6 million and $565.6 million. Doximity's adjusted EBITDA was $102.0 million, up 39% year over year. Analysts at M Show less Read more
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