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Shares of Doximity Rise 30% on a Sales Beat and Positive Expectations

On Friday, Doximity’s stock surged over 30% higher after the company’s fiscal third-quarter results exceeded Wall Street’s forecasts for guidance and revenue.

A digital platform called Doximity can assist medical practitioners in scheduling telehealth consultations with patients, obtaining referrals, keeping up with medical news, and more.

From $135.3 million in the third quarter of last year to $168.6 million in the third quarter, the company’s revenue grew by 25%.

Source (CNBC)

SourceCNBC
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