Solskin Introduction & Investment Thesis I last wrote about Doximity (NYSE:DOCS) in April, where I rated the stock a "hold." Although I stated that the stock has a potential upside of at least 29% from its levels back then, I believed that investors would be weary until the management could reignite the growth story. Since then, the stock has climbed 45% as it reported a strong Q1 FY25 earnings report, where revenue and Adjusted EBITDA grew 17% and 41% YoY, respectively, beating estimates. Simultaneously, t ...

A solid earnings report lifted the health tech stock. Shares of Doximity (DOCS 35.19%), the social network for doctors, were jumping today after the company easily beat estimates in its fiscal first-quarter earnings report. The stock was up 33.1% as of 1:04 p.m. ET on the news. Doximity delights The social media company reported revenue growth of 17% to $126.7 million in the period ended June 30, which easily beat the consensus estimate of $119.9 million. Profit growth soared as well with adjusted earnings ...

Doximity (NYSE:DOCS) stock is rising higher on Friday following the release of the medical cloud-based digital platform company's earnings report for its fiscal first quarter of 2025. That earnings report starts off strong with adjusted EPS of 28 cents per share. This is better than the 23 cents per share Wall Street was expecting. It's also an improvement over the 19 cents per share reported in the same period of the year prior. Adding to this is revenue of $126.7 million in fiscal Q1. That's another beat ...

Start Time: 17:00 January 1, 0000 5:50 PM ET Doximity, Inc. (NYSE:DOCS) Q1 2025 Earnings Conference Call August 08, 2024, 17:00 PM ET Company Participants Jeff Tangney - Co-founder and CEO Nate Gross - Co-founder and CSO Anna Bryson - CFO Perry Gold - VP of IR Conference Call Participants Brian Peterson - Raymond James Scott Berg - Needham & Company Stephanie Davis - Barclays Jared Hass - William Blair John Pinney - Canaccord Genuity Allen Lutz - Bank of America Elizabeth Anderson - Evercore ISI Jessica Tas ...

Doximity (DOCS) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 27.27%. A quarter ago, it was expected that this medical social networking site would post earnings of $0.20 per share when it actually produced earnings of $0.25, delivering a surprise of 25%. Over the last four quarters ...

Table of Contents Title of each class Trading Symbol(s) Name of exchange on which registered DOCS The New York Stock Exchange Class A common stock, $0.001 par value per share UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________________________________________________________________________________ FORM 10-Q _________________________________________________________________________________________________________________ (Mark One) ☒ QUARTERLY REPO ...

Exhibit 99.1 Doximity Announces Fiscal 2025 First Quarter Financial Results Total revenues of $126.7 million, up 17% year-over-year Net income growth of 46% and adjusted EBITDA growth of 42% year-over-year SAN FRANCISCO, Calif., August 8, 2024 -- Doximity, Inc. (NYSE: DOCS), the leading digital platform for U.S. medical professionals, today announced results of its fiscal 2025 first quarter ended June 30, 2024. "We were pleased to deliver strong profits and record engagement last quarter, as we beat on both ...

The upcoming earnings release of Doximity will be of great interest to investors. The company's earnings report is expected on August 8, 2024. The company is forecasted to report an EPS of $0.22, showcasing a 15.79% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $119.88 million, indicating a 10.52% upward movement from the same quarter last year. Doximity (DOCS) closed the most recent trading day at $28.66, moving +1 ...

However, in the post-pandemic era, manual workforce shortage within healthcare has become a worldwide problem, weighing heavily on healthcare infrastructure. In April 2023, the National Council of State Boards of Nursing revealed that within United States, 100,000 nurses left the workforce during the pandemic, and by 2027, almost 900,000, or almost one-fifth of 4.5 million total registered nurses, intend to leave the workforce, threatening the national health care system at large if solutions are not enacte ...

Market participants will be closely following the financial results of Doximity in its upcoming release. It is anticipated that the company will report an EPS of $0.22, marking a 15.79% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $119.88 million, reflecting a 10.52% rise from the equivalent quarter last year. The most recent trading session ended with Doximity (DOCS) standing at $27.97, reflecting a +0.5% shift from ...