Why Doximity Stock is Set to Open at Highest Point in Over 2 Years Friday

Core Insights - Doximity shares surged nearly 40% in premarket trading following strong second quarter results and an optimistic outlook for the fiscal year [2][5] - The company reported $136.8 million in revenue for Q2 2025, a 20% increase year-over-year, surpassing analyst expectations of $128.4 million [3] - Doximity's profit for the quarter was $44.2 million, exceeding the projected $37.9 million [3] Revenue and User Metrics - Over 600,000 medical professionals utilized Doximity's networking and productivity tools in the quarter, indicating strong engagement [3] - The company projected third quarter revenue between $152 million to $153 million, above the analyst consensus of $142.7 million [4] - Doximity raised its full-year revenue guidance to a range of $535 million to $540 million, up from the previous range of $514 million to $523 million [5] Market Reaction - Following the earnings report, Doximity shares rose 38.6% to $60.19, marking the highest opening price since March 2022 [5]